Rogers Communications Inc. (RCI.B) Receives C$64.92 Average Target Price from Analysts

Shares of Rogers Communications Inc. (TSE:RCI.B) (NYSE:RCI) have earned a consensus rating of “Buy” from the twelve research firms that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$64.92.

RCI.B has been the topic of several recent research reports. Barclays PLC upped their price objective on Rogers Communications from C$63.00 to C$70.00 in a research report on Friday, July 21st. J P Morgan Chase & Co upped their price objective on Rogers Communications from C$62.00 to C$69.00 and gave the stock a “neutral” rating in a research report on Friday, July 21st. BMO Capital Markets upped their price objective on Rogers Communications from C$67.00 to C$70.00 in a research report on Friday, July 21st. CIBC upped their price objective on Rogers Communications from C$62.00 to C$65.00 and gave the stock a “neutral” rating in a research report on Friday, July 21st. Finally, Royal Bank Of Canada upped their price objective on Rogers Communications from C$61.00 to C$65.00 and gave the stock a “sector perform” rating in a research report on Friday, July 21st.

ILLEGAL ACTIVITY WARNING: This piece of content was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece of content on another website, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://ledgergazette.com/2017/09/16/rogers-communications-inc-rci-b-receives-c64-92-average-target-price-from-analysts.html.

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.

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

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

Leave a Reply