Rogers Communications Inc. (USA) (NYSE:RCI) target increased to $47.00, issued a report today by Zacks Investment Research
- Updated: September 25, 2016
In a report issued 9/21/2016 Zacks Investment Research upped the price target of Rogers Communications Inc. (USA) (NYSE:RCI) to $47.00 reporting a potential upside of 0.11%.
On 04/19/2016, RBC Capital Markets released a statement about Rogers Communications Inc. (USA) (NYSE:RCI) dropped the target price from $55.00 to $54.00 that suggested an upside of 0.39%.
Boasting a price of $42.18, Rogers Communications Inc. (USA) (NYSE:RCI) traded -1.47% lower on the day. With the last close up 4.18% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $43.42 and a 200-day moving average of $40.56. 173,786 shares of RCI traded hands, down from an average trading volume of 259,898
Recent Performance Chart
Rogers Communications Inc. (USA) has 52 week low of $32.50 and a 52 week high of $45.50 with a PE ratio of 20.49 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 10 brokers have issued a research note on the company. The average stock price target is $40.39 with 0 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 5 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Rogers Communications Inc. (USA) (NYSE:RCI)
Rogers Communications Inc. is a communications and media company. The Company provides wireless communications services, and cable television, Internet and telephony services to consumers and businesses. The Company operates through four segments: Wireless, Cable, Business Solutions and Media. Its Wireless segment is engaged in wireless telecommunications operations for Canadian consumers and businesses. Its Cable segment include cable telecommunications operations, including Internet, television and telephony (phone) services. Its Business Solutions segment is engaged in network connectivity through its fiber network and data center assets to support various voice, data, networking, hosting, and cloud-based services for Canadian businesses, governments, and on a wholesale basis to other telecommunications providers. Its Media segment has a portfolio of media properties, including television and radio broadcasting, specialty channels, multiplatform and digital media.
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