Shaw Communications Inc (SJR.B) Price Target Raised to C$29.00
Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) had its price target hoisted by investment analysts at Barclays PLC from C$27.00 to C$29.00 in a research note issued to investors on Friday, StockTargetPrices.com reports. The firm currently has an “equal weight” rating on the stock.
Several other equities analysts have also recently issued reports on the stock. Desjardins dropped their price objective on shares of Shaw Communications from C$30.00 to C$29.50 and set a “buy” rating on the stock in a research note on Thursday, November 3rd. TD Securities reaffirmed a “buy” rating and set a C$29.00 price target on shares of Shaw Communications in a research note on Thursday, November 3rd. Scotiabank reaffirmed an “outperform” rating and set a C$29.00 price target on shares of Shaw Communications in a research note on Wednesday, December 7th. Finally, Royal Bank Of Canada raised shares of Shaw Communications from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from C$26.00 to C$29.00 in a research note on Monday. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Shaw Communications currently has a consensus rating of “Buy” and an average target price of C$28.00.
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Shaw Communications Company Profile
Shaw Communications Inc (Shaw) is a diversified connectivity provider. The Company operates through four divisions: Consumer, Wireless, Business Network Services and Business Infrastructure Services. Under the Consumer division, the Company offers Cable telecommunications and Satellite video services to residential customers.
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