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Zacks Investment Research upgraded Rogers Communications Inc. (USA) (NYSE:RCI) to Hold in a report released today.

Zacks Investment Research has upgraded Rogers Communications Inc. (USA) (NYSE:RCI) to Hold in a report released on Thursday April 20, 2017.

Previously on Monday April 17, 2017, Canaccord Genuity reported on Rogers Communications Inc. (USA) (NYSE:RCI) increased the target price from $0.00 to $60.00. At the time, this indicated a possible upside of 0.31%.

Yesterday Rogers Communications Inc. (USA) (NYSE:RCI) traded 0.00% even at $46.28. The company’s 50-day moving average is $43.27 and its 200-day moving average is $41.05. The last closing price is up 12.71% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 68,559 shares of the stock traded hands, down from an average trading volume of 306,285

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Rogers Communications Inc. (USA) (NYSE:RCI)

Rogers Communications Inc. (USA) has a 52 week low of $37.03 and a 52 week high of $47.42 with a P/E ratio of 38.33 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 10 brokers have issued a report 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.

General Information About 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, 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. The Cable segment include cable telecommunications operations, including Internet, television and telephony (phone) services for Canadian consumers and businesses. The Business Solutions segment is engaged in network connectivity through its fiber network and data center assets to support a range of voice, data, networking, hosting, and cloud-based services for the enterprise, public sector and carrier wholesale markets. The Media segment has a portfolio of media properties, including sports media and entertainment, multi-platform shopping, digital media and publishing.

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