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Shaw Communications Inc (USA) (NYSE:SJR) target price increased to $23.00, reported today by Zacks Investment Research

Displaying a price of $19.59, Shaw Communications Inc (USA) (NYSE:SJR) traded 0.15% higher on the day. With the last stock price close up 2.14% from the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the same time. Shaw Communications Inc (USA) has recorded a 50-day moving average of $20.19 and two hundred day moving average of $19.21. 153,940 shares of the stock were exchanged, down from ann average trading volume of 492,459

In a report issued 9/19/2016 Zacks Investment Research raised the target price of Shaw Communications Inc (USA) (NYSE:SJR) from $0 to $23 indicating a possible upsideof 0.17%.

Previously on 4/05/2016, Barclays Capital released a statement about Shaw Communications Inc (USA)(NYSE:SJR) upped the target price from $0.00 to $20.00 that indicated a possible upside of 0.04%.

Performance Graph:

Shaw Communications Inc (USA) (NYSE:SJR)

In addition to Zacks Investment Research reporting it’s stock price target, a total of 11 equity analysts have released a ratings update on SJR. The consensus target price is $20.28 with 0 rating the company a strong buy, four firms rating the stock a buy, seven analysts rating the stock a hold, 0 rating the company to underperform, and finally 0 brokerages rating the company as sell.

Shaw Communications Inc (USA) has a P/E of 9 with a 52 week low of $15.66 and a 52 week high of $21.41 and has a market capitalization of $0.0.

More About Shaw Communications Inc (USA) (NYSE:SJR)

Shaw Communications Inc. (Shaw) is a communication company. The Company’s operating segments are Consumer, Business Network Services, Business Infrastructure Services and Media. The Consumer division provides cable telecommunications services, including video, Internet, wireless fidelity (WiFi) and digital phone, and satellite video to Canadian consumers. The Business Network Services segment provides data networking, video, voice and Internet services through a national fiber-optic backbone network, and also provides satellite video services and fleet tracking services to North American businesses and public sector entities. Its network-connected video services offer a selection of television channels, including over 120 high definition (HD) channels, and over 10, 000 subscription movie and television programming titles. The Media segment provides Canadians with programming content through television networks, Global Television, and specialty networks and digital properties.

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