Shaw Communications Inc (SJR.B) Given Consensus Rating of “Hold” by Analysts

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.

The business also recently announced a monthly dividend, which will be paid on Tuesday, January 30th. Investors of record on Tuesday, January 30th will be paid a dividend of $0.0988 per share. The ex-dividend date is Friday, January 12th. This represents a $1.19 annualized dividend and a yield of 4.39%.

COPYRIGHT VIOLATION WARNING: This piece was reported by American Banking News and is owned by of American Banking News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright & trademark laws. The legal version of this piece can be read at https://www.americanbankingnews.com/2018/01/20/shaw-communications-inc-sjr-b-given-consensus-rating-of-hold-by-analysts.html.

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.

Analyst Recommendations for Shaw Communications (TSE:SJR.B)

Receive News & Ratings for Shaw Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shaw Communications and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply