Rogers Communications (TSE:RCI.A – Free Report) had its price objective trimmed by Desjardins from C$58.00 to C$55.00 in a research report report published on Wednesday,BayStreet reports. They currently have a buy rating on the stock.
Rogers Communications Stock Performance
TSE:RCI.A opened at C$43.96 on Wednesday. The firm has a market capitalization of C$23.75 billion, a PE ratio of 3.86, a price-to-earnings-growth ratio of 0.95 and a beta of 1.06. The company has a quick ratio of 0.58, a current ratio of 0.65 and a debt-to-equity ratio of 436.50. Rogers Communications has a 12-month low of C$43.00 and a 12-month high of C$56.72. The firm has a 50-day moving average price of C$49.40 and a 200 day moving average price of C$50.16.
Rogers Communications (TSE:RCI.A – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported C$1.15 earnings per share for the quarter. Rogers Communications had a return on equity of 7.93% and a net margin of 4.30%. The company had revenue of C$5.62 billion for the quarter. Research analysts anticipate that Rogers Communications will post 5.10 earnings per share for the current fiscal year.
About Rogers Communications
Rogers is Canada’s leading communications and entertainment company, and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI).
See Also
- Five stocks we like better than Rogers Communications
- Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
- Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
- Arista Networks Plugs Into All-Time Highs
Receive News & Ratings for Rogers Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rogers Communications and related companies with MarketBeat.com's FREE daily email newsletter.
