Rogers Communications (TSE:RCI.B - Free Report) NYSE: RCI had its target price trimmed by National Bankshares from C$62.00 to C$54.00 in a research report report published on Friday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.
Other equities analysts have also recently issued reports about the company. Royal Bank of Canada lowered their price target on Rogers Communications from C$66.00 to C$61.00 and set an "outperform" rating on the stock in a report on Wednesday, December 18th. TD Securities lowered their target price on Rogers Communications from C$71.00 to C$65.00 and set a "buy" rating on the stock in a report on Tuesday, December 3rd. BMO Capital Markets boosted their price target on Rogers Communications from C$67.00 to C$70.00 in a research note on Thursday, September 19th. Scotiabank reduced their price target on shares of Rogers Communications from C$69.00 to C$66.50 in a research report on Tuesday, November 26th. Finally, Desjardins dropped their price objective on shares of Rogers Communications from C$68.00 to C$61.00 and set a "buy" rating on the stock in a report on Thursday, November 28th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Rogers Communications currently has a consensus rating of "Moderate Buy" and a consensus price target of C$65.05.
Read Our Latest Research Report on Rogers Communications
Rogers Communications Stock Up 1.8 %
TSE RCI.B traded up C$0.77 during mid-day trading on Friday, reaching C$44.54. The stock had a trading volume of 2,404,080 shares, compared to its average volume of 2,145,661. The stock has a market cap of C$18.78 billion, a PE ratio of 27.33, a price-to-earnings-growth ratio of 0.32 and a beta of 0.62. Rogers Communications has a 1 year low of C$43.13 and a 1 year high of C$64.71. The company has a debt-to-equity ratio of 436.50, a current ratio of 0.65 and a quick ratio of 0.58. The company has a fifty day moving average price of C$48.64 and a 200 day moving average price of C$51.58.
About Rogers Communications
(
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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.
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