Rogers Comms (NYSE:RCI) Given Neutral Rating At Goldman, Is a Move on The Horizon?


How Goldman Currently Rates Rogers Comms (NYSE:RCI)

In a very recent research note disseminated today, Goldman analysts commenced coverage Rogers Comms (NYSE:RCI) coverage with Neutral rating.

From a total of 9 analysts covering Rogers Comms (NYSE:RCI) stock, 5 rate it a ”Buy”, 1 a “Sell”, and 4 a ”Hold”. This means that 50% of the ratings are positive. Rogers Comms was the topic of 3 analyst reports since October 9, 2015 according to the firm StockzIntelligence Inc. Macquarie Research upgraded shares on October 20 to “Outperform” rating.

Approximately 88,542 shares of stock traded hands. Rogers Communications Inc. (USA) (NYSE:RCI) has risen 6.96% since May 1, 2015 and is uptrending. It has outperformed by 9.74% the S&P500.

Rogers Comms (NYSE:RCI) Given Neutral Rating At Goldman, Is a Move on The Horizon?

Rogers Communications Inc. is a Canada communications and media company. The company has a market cap of $19.35 billion. The Firm operates through four divisions: Wireless, Cable, Business Solutions and Media. It has 18.84 P/E ratio. The Wireless segment offers wireless telecommunications activities for Canadian clients and businesses.

According to Zacks Investment Research, “Rogers Communications is Canada’s national communications company engaged in Digital PCS, cellular, messaging and data communications through Rogers AT&T Wireless; in cable television, high-speed Internet access and video retailing through Rogers Cable; and in radio and television broadcasting, tele-shopping, publishing and new media businesses through Rogers Media. Rogers AT&T Wireless is Canada’s largest national wireless communications service provider offering subscribers a broad spectrum of wireless communications products and services.” Get a free copy of the Zacks research report on Rogers Communications Inc. (USA) (RCI).