How Analysts Feel About Rogers Communications Inc. (NYSE:RCI)?

Lloyd Doyle
December 8, 2017

Its up 0.16, from 0.96 in 2017Q1. TD Securities increased their target price on shares of Rogers Communications from C$72.00 to C$75.00 and gave the stock an "action list buy" rating in a research report on Friday, October 20th.

On average, analysts expect that Rogers Communications will report full-year earnings of $2.46 per share for the current financial year, with EPS estimates ranging from $2.41 to $2.52.

Omers Administration owns 1.98 million shares for 1.18% of their portfolio.

Rogers Communication (RCI) traded down $0.68 during trading on Thursday, hitting $53.23. Wetherby Asset Management Inc. purchased a new stake in shares of Rogers Communication during the 2nd quarter valued at approximately $203,000. (NYSE:RCI). Mawer Inv Mgmt Ltd invested in 2.67% or 6.12M shares. Dimensional Fund Advsrs Lp, a Texas-based fund reported 176,376 shares. The legal version of this news story can be read at https://www.truebluetribune.com/2017/12/07/rogers-communication-inc-rci-price-target-raised-to-71-00-at-morgan-stanley.html. Us National Bank De owns 3,930 shares for 0% of their portfolio. Morgan Stanley's price objective would indicate a potential upside of 37.78% from the company's previous close. Lombard Odier Asset Mngmt (Europe) Ltd owns 4,013 shares or 0.01% of their United States portfolio. Amp Investors holds 0.04% in Rogers Communications Inc.


The shares outstanding for Rogers Communications Inc.is levered at 522.83 *. Rothschild Asset Mgmt holds 49,703 shares. (NYSE:RCI). The France-based Exane Derivatives has invested 0% in Rogers Communications Inc. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.61%. Aperio Group LLC now owns 170,232 shares of the Wireless communications provider's stock valued at $8,037,000 after acquiring an additional 19,495 shares during the last quarter. Rogers Communications now has a consensus rating of "Buy" and a consensus target price of $61.80. (NYSE:RCI) news were published by: Fool.ca which released: "Why You Should Reconsider Rogers Communications Inc." on October 24, 2017, also Fool.ca with their article: "Rogers Communications Inc. vs. BCE Inc.: Which Is the Better Stock?" published on October 31, 2017, Fool.ca published: "TFSA Investors: BCE Inc. or Rogers Communications Inc.: Better Dividend-Growth ..." on October 12, 2017. The stock decreased 0.48% or $0.02 during the last trading session, reaching $4.15. 442,967 shares of the company's stock were exchanged, compared to its average volume of 309,623. It has outperformed by 4.05% the S&P500. Rogers Communications has a 1-year low of C$50.44 and a 1-year high of C$70.08. Beutel Goodman & Co Ltd who had been investing in Rogers Communication for a number of months, seems to be less bullish one the $26.97 billion market cap company. The Company provides wireless communications services, and cable television, Internet, information technology (IT) and telephony services to consumers and businesses. The firm has a market capitalization of $23.64 billion, a P/E ratio of 35.82 and a beta of 0.96. This segment distributes its products through independent dealer networks, company-owned retail stores, retail chains and convenience stores, ecommerce sites, call centers and outbound telemarketing, and other distribution channels. Therefore 63% are positive. On Friday, October 14 the stock rating was maintained by Barclays Capital with "Equal-Weight". On Thursday, December 17 the stock rating was downgraded by Morgan Stanley to "Equal-Weight". On Wednesday, April 5 the stock rating was downgraded by IBC to "Sector Perform". Rogers Communications had a net margin of 6.26% and a return on equity of 25.46%. The firm has "Outperform" rating given on Tuesday, October 20 by Macquarie Research. (NYSE:RCI) has "Neutral" rating given on Friday, December 4 by Goldman Sachs. RBC Capital Markets downgraded the shares of RCI in report on Monday, January 9 to "Sector Perform" rating. The firm earned "Sector Outperform" rating on Friday, October 9 by IBC.

More notable recent Rogers Communications Inc. "(USA)" on December 06, 2017. Rogers Communications's revenue was up 2.5% compared to the same quarter past year. Stock" with publication date: "October 04, 2017. "Posts Strong Q2 Earnings" on July 22, 2017.

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