Rogers Communications’ (RCI.B) Outperform Rating Reaffirmed at Royal Bank Of Canada
Rogers Communications Inc. (TSE:RCI.B)‘s stock had its “outperform” rating reiterated by research analysts at Royal Bank Of Canada in a research report issued on Tuesday, StockTargetPrices.com reports.
Several other research firms have also commented on RCI.B. JPMorgan Chase & Co. raised their target price on Rogers Communications from C$51.00 to C$57.00 in a report on Friday, July 22nd. Scotiabank raised their price objective on Rogers Communications from C$57.00 to C$61.00 and gave the company an “outperform” rating in a report on Friday, July 22nd. Barclays PLC raised their price objective on Rogers Communications from C$53.00 to C$55.00 in a report on Tuesday. TD Securities reissued a “buy” rating and issued a C$58.00 price objective on shares of Rogers Communications in a report on Wednesday, July 6th. Finally, Canaccord Genuity raised their price objective on Rogers Communications from C$50.00 to C$55.00 in a report on Friday, July 22nd. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Rogers Communications has an average rating of “Buy” and an average target price of C$57.75.
About Rogers Communications
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Rogers Communications Inc is a communications and media company. The Company provides wireless communications services, and cable television, Internet and telephony services to consumers and businesses. The Company operates through four segments: Wireless, Cable, Business Solutions and Media. Its Wireless segment is engaged in wireless telecommunications operations for Canadian consumers and businesses.
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