Rogers Communications Inc. (TSE:RCI.B) (NYSE:RCI) had its price target upped by stock analysts at Barclays PLC from C$63.00 to C$70.00 in a research note issued on Friday.
A number of other equities research analysts have also recently weighed in on RCI.B. CIBC cut shares of Rogers Communications from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 5th. Scotiabank lifted their price objective on shares of Rogers Communications from C$62.00 to C$63.00 and gave the company an “outperform” rating in a research note on Wednesday, April 12th. Morgan Stanley lifted their price objective on shares of Rogers Communications from C$54.00 to C$61.00 in a research note on Thursday, April 13th. J P Morgan Chase & Co lifted their price objective on shares of Rogers Communications from C$60.00 to C$62.00 and gave the company a “neutral” rating in a research note on Wednesday, April 19th. Finally, Royal Bank Of Canada lifted their price objective on shares of Rogers Communications from C$59.00 to C$61.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 19th. Six research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of C$64.92.
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About Rogers Communications
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.
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