Analysts at RBC Capital Mkts Maintain their Past ‘Sector Perform’ rating on Shares Shaw Comms (NYSE:SJR), Set a $25.0 Target Price


Shaw Comms (NYSE:SJR) Rating Reaffirmed

They currently have a $25.0 price target on Shaw Comms (NYSE:SJR). The target price by RBC Capital Mkts would suggest a potential upside of 27.68% from the company’s previous stock close. This has been unveiled in an interesting research report on Thursday, 17 December.

From a total of 11 analysts covering Shaw Comms (NYSE:SJR) stock, 2 rate it a ”Buy”, 1 a “Sell”, and 6 a ”Hold”. This means that 22% of the ratings are positive. The highest target price is $23.2 while the lowest target price is $17.04. The mean of all analyst targets is $20.38 with a 22.57% above today’s ($19.58) stock price. Shaw Comms was the topic of 3 analyst reports since October 20, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on October 23 with “Equal Weight” rating. Macquarie Research upgraded SJR stock in a recent report from October 20 to “Outperform” rating.

The stock increased 0.20% or $0.04 during the last trading session, striking $19.58. Approximately shares of stock traded hands. Shaw Communications Inc (USA) (NYSE:SJR) has declined 12.00% since May 14, 2015 and is downtrending. It has underperformed by 9.74% the S&P500.

Shaw Communications Inc. is a diversified Canadian communications and media company. The company has a market cap of $9.19 billion. Shaw is engaged in the business of providing broadband cable television, High-Speed Internet, Home Phone, telecommunications services (through Shaw Business), satellite direct-to-home services (through Shaw Direct) and engaging programming content (through Shaw Media). It has 15.02 P/E ratio. The Firm operated through three principal business divisions such as Cable, consisted of cable television, Internet, Digital Phone and Shaw Business operations; Satellite, consisted of direct-to-home (DTH) and Satellite Services; and Media, consisted of television broadcasting.

According to Zacks Investment Research, “Shaw Communications Inc. is Canada’s largest broadband service provider. The company provides cable and satellite services, as well as high-speed Internet access within North America. The company also has significant interests in interactive television, e-commerce and telecommunications companies. The company’s mission is to provide its customers with high-quality entertainment, information and communications services, utilizing a variety of distribution technologies.”