Rogers Communications (RCI.B) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Rogers Communications (TSE: RCI.B):

  • 7/28/2022 – Rogers Communications had its price target lowered by analysts at Royal Bank of Canada from C$75.00 to C$73.00. They now have a “sector perform” rating on the stock.
  • 7/28/2022 – Rogers Communications had its price target lowered by analysts at National Bankshares, Inc. from C$80.00 to C$78.00. They now have an “outperform” rating on the stock.
  • 7/28/2022 – Rogers Communications had its price target raised by analysts at TD Securities from C$78.00 to C$80.00. They now have a “buy” rating on the stock.
  • 7/19/2022 – Rogers Communications had its price target lowered by analysts at TD Securities from C$80.00 to C$78.00. They now have a “buy” rating on the stock.
  • 7/13/2022 – Rogers Communications had its price target lowered by analysts at National Bankshares, Inc. from C$83.00 to C$80.00. They now have an “outperform” rating on the stock.
  • 7/12/2022 – Rogers Communications had its price target lowered by analysts at Royal Bank of Canada from C$77.00 to C$75.00.
  • 6/28/2022 – Rogers Communications is now covered by analysts at Scotiabank. They set a “buy” rating and a C$73.00 price target on the stock.
  • 6/21/2022 – Rogers Communications was upgraded by analysts at Canaccord Genuity Group Inc. to a “buy” rating. They now have a C$69.00 price target on the stock.

Rogers Communications Trading Down 1.1 %

Shares of RCI.B traded down C$0.63 during trading hours on Friday, reaching C$55.93. 1,474,631 shares of the company traded hands, compared to its average volume of 1,591,572. The company’s fifty day moving average price is C$60.88 and its two-hundred day moving average price is C$65.34. The company has a market capitalization of C$28.24 billion and a price-to-earnings ratio of 16.80. The company has a quick ratio of 0.58, a current ratio of 2.49 and a debt-to-equity ratio of 335.48. Rogers Communications Inc. has a 12 month low of C$55.55 and a 12 month high of C$80.85.

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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