Rogers Communications (TSE:RCI.B) Price Target Lowered to C$76.00 at National Bankshares

Rogers Communications (TSE:RCI.BFree Report) (NYSE:RCI) had its price objective decreased by National Bankshares from C$78.00 to C$76.00 in a research note issued to investors on Tuesday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Several other research analysts have also recently weighed in on the company. Canaccord Genuity Group boosted their price objective on Rogers Communications from C$72.50 to C$74.00 and gave the stock a buy rating in a research report on Friday, February 2nd. TD Securities increased their price objective on Rogers Communications from C$84.00 to C$88.00 and gave the stock an action list buy rating in a report on Friday, February 2nd. BMO Capital Markets decreased their target price on Rogers Communications from C$80.00 to C$65.00 in a research note on Tuesday, April 2nd. JPMorgan Chase & Co. decreased their target price on Rogers Communications from C$90.00 to C$81.00 in a research note on Tuesday, April 2nd. Finally, CIBC decreased their target price on Rogers Communications from C$80.00 to C$77.00 in a research note on Thursday, April 4th. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Rogers Communications presently has a consensus rating of Buy and an average price target of C$75.21.

View Our Latest Stock Report on Rogers Communications

Rogers Communications Trading Down 2.1 %

Shares of Rogers Communications stock opened at C$52.42 on Tuesday. The stock has a 50 day moving average price of C$58.40 and a two-hundred day moving average price of C$58.36. Rogers Communications has a 52 week low of C$50.15 and a 52 week high of C$67.67. The stock has a market capitalization of C$22.02 billion, a PE ratio of 32.36, a price-to-earnings-growth ratio of 0.92 and a beta of 0.54. The company has a debt-to-equity ratio of 442.92, a quick ratio of 0.58 and a current ratio of 0.89.

Rogers Communications Company Profile

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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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