Shares of Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) have been given an average rating of “Hold” by the ten research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$29.11.
SJR.B has been the topic of several recent research reports. CIBC decreased their price target on shares of Shaw Communications from C$31.00 to C$28.00 in a research report on Friday, January 12th. Desjardins decreased their price target on shares of Shaw Communications from C$30.50 to C$30.00 in a research report on Friday, January 12th. TD Securities upgraded shares of Shaw Communications from a “buy” rating to an “action list buy” rating and set a C$34.00 price target on the stock in a research report on Friday, January 12th. Echelon Wealth Partners upgraded shares of Shaw Communications from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. Finally, Royal Bank of Canada decreased their price target on shares of Shaw Communications from C$31.00 to C$30.00 and set an “outperform” rating on the stock in a research report on Friday, October 27th.
Shares of Shaw Communications (TSE SJR.B) traded up C$0.09 during trading on Friday, reaching C$27.00. 1,660,000 shares of the company were exchanged, compared to its average volume of 979,765. The company has a market capitalization of $13,520.00, a P/E ratio of 23.08 and a beta of 0.62. Shaw Communications has a 12 month low of C$26.48 and a 12 month high of C$30.44.
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Shaw Communications Company Profile
Shaw Communications Inc (Shaw) is a diversified connectivity provider. The Company operates through four divisions: Consumer, Wireless, Business Network Services and Business Infrastructure Services. Under the Consumer division, the Company offers Cable telecommunications and Satellite video services to residential customers.
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