Rogers Communications (TSE:RCI.B – Free Report) (NYSE:RCI) had its target price decreased by Cormark from C$74.00 to C$72.00 in a research report released on Thursday morning, BayStreet.CA reports.
A number of other research analysts have also issued reports on RCI.B. Barclays dropped their price objective on shares of Rogers Communications from C$70.00 to C$63.00 in a report on Tuesday, April 9th. Scotiabank cut their price target on shares of Rogers Communications from C$75.50 to C$71.50 and set an outperform rating on the stock in a report on Wednesday, April 17th. Royal Bank of Canada decreased their price objective on Rogers Communications from C$67.00 to C$65.00 and set an outperform rating for the company in a report on Tuesday, July 9th. JPMorgan Chase & Co. cut their target price on Rogers Communications from C$80.00 to C$69.00 and set an overweight rating on the stock in a report on Wednesday, July 10th. Finally, Desjardins reduced their price target on Rogers Communications from C$75.00 to C$74.00 and set a buy rating on the stock in a research report on Thursday, April 25th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of Moderate Buy and an average price target of C$69.13.
Read Our Latest Analysis on Rogers Communications
Rogers Communications Price Performance
Rogers Communications Company Profile
Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The Wireless segment offers wireless voice and data communication services to individual consumers, businesses, governments, and other telecommunications service providers; postpaid and prepaid wireless services under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications to consumers and businesses.
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