Rogers Communications Inc. (TSE:RCI.B) (NYSE:RCI) has been assigned a consensus recommendation of “Buy” from the twelve brokerages that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$68.96.

RCI.B has been the subject of several analyst reports. Scotiabank raised their target price on Rogers Communications from C$71.50 to C$73.00 and gave the stock an “outperform” rating in a research note on Friday, October 13th. TD Securities raised their target price on Rogers Communications from C$72.00 to C$75.00 and gave the stock an “action list buy” rating in a research note on Friday, October 20th. BMO Capital Markets raised their target price on Rogers Communications from C$70.00 to C$71.00 and gave the stock an “outperform” rating in a research note on Friday, October 20th. National Bank Financial raised their target price on Rogers Communications from C$68.00 to C$71.00 and gave the stock an “outperform” rating in a research note on Friday, October 20th. Finally, CIBC raised their target price on Rogers Communications from C$65.00 to C$67.00 in a research note on Friday, October 20th.

Shares of Rogers Communications (TSE:RCI.B) traded up C$0.02 during midday trading on Monday, reaching C$68.64. The company’s stock had a trading volume of 10,433 shares, compared to its average volume of 673,517. Rogers Communications has a fifty-two week low of C$50.44 and a fifty-two week high of C$70.08.

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About Rogers Communications

Rogers Communications Inc is a communications and media company. The Company provides wireless communications services, and cable television, Internet, information technology (IT) and telephony services to consumers and businesses. Its segments include Wireless, Cable, Business Solutions and Media. The Wireless segment is engaged in wireless telecommunications operations for Canadian consumers and businesses.

Analyst Recommendations for Rogers Communications (TSE:RCI.B)

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