Rogers Communications (TSE:RCI.B – Get Free Report) (NYSE:RCI) had its price objective dropped by investment analysts at Royal Bank of Canada from C$66.00 to C$61.00 in a research report issued on Wednesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank of Canada’s price target suggests a potential upside of 36.65% from the stock’s previous close.
A number of other equities analysts have also commented on the stock. Desjardins dropped their price target on shares of Rogers Communications from C$68.00 to C$61.00 and set a “buy” rating on the stock in a research report on Thursday, November 28th. TD Securities reduced their price target on Rogers Communications from C$71.00 to C$65.00 and set a “buy” rating for the company in a research report on Tuesday, December 3rd. National Bankshares lowered their price objective on Rogers Communications from C$77.00 to C$67.00 in a research report on Tuesday, November 12th. BMO Capital Markets lifted their price target on Rogers Communications from C$67.00 to C$70.00 in a research note on Thursday, September 19th. Finally, Scotiabank dropped their price target on Rogers Communications from C$69.00 to C$66.50 in a research note on Tuesday, November 26th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$66.23.
Check Out Our Latest Research Report on Rogers Communications
Rogers Communications Trading Down 1.5 %
Rogers Communications Company Profile
Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The Wireless segment offers wireless voice and data communication services to individual consumers, businesses, governments, and other telecommunications service providers; postpaid and prepaid wireless services under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications to consumers and businesses.
Featured Stories
- Five stocks we like better than Rogers Communications
- How to invest in marijuana stocks in 7 steps
- Novo Nordisk: A New Boost for GLP-1 Sales on the Horizon
- The How And Why of Investing in Oil Stocks
- Why Now Is the Ultimate Time to Invest in Oil Stocks
- What Are Growth Stocks and Investing in Them
- Q4’s Most Upgraded Stocks: Promising Buys for 2025
Receive News & Ratings for Rogers Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rogers Communications and related companies with MarketBeat.com's FREE daily email newsletter.