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Rogers Communications (RCI) Stock Forecast & Price Target

Rogers Communications logo
$35.28 -0.51 (-1.42%)
(As of 11/20/2024 ET)

Rogers Communications - Analysts' Recommendations and Stock Price Forecast (2024)

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

Sell
0
Hold
2
Buy
3

Based on 5 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 5 analysts, 2 have given a hold rating, and 3 have given a buy rating for RCI.

Consensus Price Target

$61.75
75.03% Upside
According to the 5 analysts' twelve-month price targets for Rogers Communications, the average price target is $61.75. The highest price target for RCI is $74.00, while the lowest price target for RCI is $46.00. The average price target represents a forecasted upside of 75.03% from the current price of $35.28.
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RCI Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
4 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 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$61.75$61.75$51.50N/A
Forecasted Upside75.03% Upside58.17% Upside26.16% UpsideN/A
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy

RCI 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.
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RCI 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.
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Rogers Communications Stock vs. The Competition

TypeRogers CommunicationsConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.60
2.56
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside75.03% Upside1,133.18% Upside9.81% Upside
News Sentiment Rating
Neutral News

See Recent RCI News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/19/2024TD Securities
4 of 5 stars
 Boost TargetBuy ➝ Buy$73.00 ➝ $74.00+85.74%
9/19/2024BMO Capital Markets
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$67.00 ➝ $70.00+74.26%
7/25/2024Canaccord Genuity Group
1 of 5 stars
 Reiterated RatingBuy ➝ Hold$59.00 ➝ $57.00+53.97%
4/10/2024Barclays
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 Lower TargetOverweight ➝ Overweight$52.00 ➝ $46.00+16.81%
11/10/2023Desjardins
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 UpgradeHold ➝ Buy
9/15/2023Royal Bank of Canada
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 UpgradeSector Perform ➝ Outperform
2/6/2023UBS Group
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 UpgradeNeutral ➝ Buy
1/12/2023CIBC
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 Boost TargetC$69.00 ➝ C$72.00
1/12/2023National Bank Financial
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 Boost TargetC$75.00 ➝ C$78.00
1/3/2023Scotiabank
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 Boost TargetC$71.00 ➝ C$74.75

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 06:59 AM ET.


RCI Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Rogers Communications is $61.75, with a high forecast of $74.00 and a low forecast of $46.00.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rogers Communications in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RCI shares.

According to analysts, Rogers Communications's stock has a predicted upside of 75.03% based on their 12-month stock forecasts.

Rogers Communications has been rated by research analysts at BMO Capital Markets, and TD Securities in the past 90 days.

Analysts like Rogers Communications more than other "consumer discretionary" companies. The consensus rating score for Rogers Communications is 2.60 while the average consensus rating score for "consumer discretionary" companies is 2.56. Learn more on how RCI compares to other companies.


This page (NYSE:RCI) was last updated on 11/21/2024 by MarketBeat.com Staff
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