Shares of Rogers Communications Inc. (TSE:RCI.B) (NYSE:RCI) have been assigned a consensus rating of “Buy” from the twelve research firms that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is C$68.96.

A number of research firms have recently weighed in on RCI.B. CIBC raised their target price on Rogers Communications from C$65.00 to C$67.00 in a report on Friday, October 20th. TD Securities raised their target price on Rogers Communications from C$72.00 to C$75.00 and gave the company an “action list buy” rating in a report on Friday, October 20th. BMO Capital Markets increased their price target on Rogers Communications from C$70.00 to C$71.00 and gave the company an “outperform” rating in a research report on Friday, October 20th. Canaccord Genuity increased their price target on Rogers Communications from C$69.00 to C$71.00 and gave the company a “buy” rating in a research report on Friday, October 20th. Finally, Citigroup Inc. increased their price target on Rogers Communications from C$63.00 to C$65.00 in a research report on Friday, October 20th.

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Rogers Communications Company Profile

Rogers Communications Inc is a communications and media company. The Company provides wireless communications services, and cable television, Internet, information technology (IT) and telephony services to consumers and businesses. Its segments include Wireless, Cable, Business Solutions and Media. The Wireless segment is engaged in wireless telecommunications operations for Canadian consumers and businesses.

Analyst Recommendations for Rogers Communications (TSE:RCI.B)

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