Rogers Communications Inc (TSE:RCI.B) Stock Upgrade
In a very recent research note disseminated on Friday morning, National Bank Financial increased shares of Rogers Communications Inc (TSE:RCI.B) to a Sector Perform. The previous rating for RCI.B was a Underperform.
From a total of 2 analysts covering Rogers Communications Inc. (TSE:RCI.B) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 0 of the ratings are positive. The highest target price is $57 while the lowest target price is $46. The mean of all analyst targets is $49.50 with a 1.27% above today’s ($48.88) stock price. Rogers Communications Inc. was the topic of 7 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc.
Approximately 726,290 shares of stock traded hands. Rogers Communications Inc. (TSE:RCI.B) has risen 11.92% since May 8, 2015 and is uptrending. It has outperformed by 14.93% the S&P500.
Rogers Communications Inc. is a Canada communications and media company. The company has a market cap of $25.16 billion. The Firm operates through four divisions: Wireless, Cable, Business Solutions and Media. It has 18.43 P/E ratio. The Wireless segment offers wireless telecommunications activities for Canadian clients and businesses.