Rogers Communications (RCI.B) Stock Forecast & Price Target

C$40.81 -0.18 (-0.44%)

As of 01/17/2025 04:00 PM Eastern

Rogers Communications - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 8 Analyst Ratings

Sell
0

Hold
2

Buy
6

Based on 8 Wall Street analysts who have issued ratings for Rogers Communications in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 2 have given a hold rating, and 6 have given a buy rating for RCI.B.

Consensus Price Target

C$63.25
54.99% Upside

According to the 8 analysts' twelve-month price targets for Rogers Communications, the average price target is C$63.25. The highest price target for RCI.B is C$77.00, while the lowest price target for RCI.B is C$46.00. The average price target represents a forecasted upside of 54.99% from the current price of C$40.81.

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RCI.B Analyst Ratings Over Time

Type	Current Forecast 1/20/24 to 1/19/25	1 Month Ago 12/21/23 to 12/20/24	3 Months Ago 10/22/23 to 10/21/24	1 Year Ago 1/20/23 to 1/20/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	2 Strong Buy rating(s)
Buy	6 Buy rating(s)	7 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$63.25	C$66.23	C$68.59	C$74.69
Forecasted Upside	54.99% Upside	49.87% Upside	26.83% Upside	16.76% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy

RCI.B Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

RCI.B Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Rogers Communications Stock vs. The Competition

Type	Rogers Communications	Business Services Companies
Consensus Rating Score	2.75	2.70
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Negative News See Recent RCI.B News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
1/8/2025	Scotiabank 5 of 5 stars	Lower Target	Sector Perform	C$66.50 ➝ C$64.00	+46.19%
1/7/2025	Canaccord Genuity Group 1 of 5 stars	Lower Target		C$55.00 ➝ C$46.00	+2.77%
1/3/2025	National Bankshares 2 of 5 stars	Lower Target	Outperform	C$62.00 ➝ C$54.00	+20.64%
12/18/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	C$66.00 ➝ C$61.00	+36.80%
12/3/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy	C$71.00 ➝ C$65.00	+29.25%
11/28/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy	C$68.00 ➝ C$61.00	+21.61%
9/19/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$67.00 ➝ C$70.00	+28.96%
7/25/2024	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$74.00 ➝ C$72.00	+39.83%
7/10/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight	C$80.00 ➝ C$69.00	+40.07%
4/9/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$70.00 ➝ C$63.00	+16.45%
Get the Latest News and Ratings for RCI.B and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Rogers Communications and its competitors with MarketBeat's FREE daily newsletter.
4/4/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$80.00 ➝ C$77.00	+43.15%
10/10/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$75.00 ➝ C$70.00	+31.38%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 01:26 AM ET.

Should I Buy Rogers Communications Stock? RCI.B Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, January 12, 2025. Please send any questions or comments about these Rogers Communications pros and cons to contact@marketbeat.com.

Rogers Communications
Bull Case

Here are some ways that investors could benefit from investing in Rogers Communications Inc.:

The stock has a potential upside of approximately 45.75% based on recent price targets, indicating strong growth potential for investors.
Rogers Communications Inc. has received multiple "buy" ratings from analysts, suggesting confidence in the company's future performance.
The current stock price is C$43.91, which is near its twelve-month low of C$43.13, potentially offering a buying opportunity for investors looking for value.
The company operates in three segments: Wireless, Cable, and Media, providing diversified revenue streams that can help mitigate risks associated with market fluctuations.
Rogers Communications Inc. has a relatively low beta of 0.62, indicating that its stock price is less volatile compared to the market, which can be appealing for risk-averse investors.

Rogers Communications
Bear Case

Investors should be bearish about investing in Rogers Communications Inc. for these reasons:

The company has a high debt-to-equity ratio of 436.50, which indicates that it relies heavily on debt financing, potentially increasing financial risk.
Recent price target reductions by analysts, including a drop to C$61.00 from C$66.00, may signal concerns about the company's growth prospects.
Rogers Communications Inc. has experienced a decline in stock price, trading down C$0.66 recently, which may indicate weakening investor confidence.
The company's current ratio of 0.65 suggests that it may struggle to meet short-term liabilities, raising concerns about liquidity.
With a price-to-earnings (P/E) ratio of 26.94, the stock may be considered overvalued compared to its earnings, which could deter value-focused investors.

RCI.B Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Rogers Communications is C$63.25, with a high forecast of C$77.00 and a low forecast of C$46.00.
: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RCI.B shares.
: According to analysts, Rogers Communications's stock has a predicted upside of 54.99% based on their 12-month stock forecasts.
: Rogers Communications has been rated by research analysts at Canaccord Genuity Group, Desjardins, National Bankshares, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.
: Analysts like Rogers Communications more than other "business services" companies. The consensus rating score for Rogers Communications is 2.75 while the average consensus rating score for "business services" companies is 2.70. Learn more on how RCI.B compares to other companies.

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This page (TSE:RCI.B) was last updated on 1/19/2025 by MarketBeat.com Staff

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Rogers Communications (RCI.B) Stock Forecast & Price Target