Shaw Communications (TSE:SJR.B) Rating Lowered to Hold at National Bankshares

National Bankshares lowered shares of Shaw Communications (TSE:SJR.BGet Rating) (NYSE:SJR) from an outperform rating to a hold rating in a research note published on Thursday morning, reports. They currently have C$40.50 target price on the stock.

Separately, CIBC raised their price target on shares of Shaw Communications from C$27.00 to C$40.50 and gave the company an outperform rating in a research report on Tuesday, January 25th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to, the stock has a consensus rating of Buy and a consensus target price of C$40.25.

SJR.B opened at C$38.89 on Thursday. The company’s 50 day moving average price is C$38.33 and its two-hundred day moving average price is C$37.60. The company has a debt-to-equity ratio of 97.63, a current ratio of 0.81 and a quick ratio of 0.52. Shaw Communications has a fifty-two week low of C$33.93 and a fifty-two week high of C$39.49. The firm has a market capitalization of C$19.41 billion and a price-to-earnings ratio of 19.21.

Shaw Communications Company Profile (Get Rating)

Shaw Communications Inc operates as a connectivity company in North America. The company operates through Wireline and Wireless segments. The Wireline segment provides broadband Internet, Shaw Go WiFi, video, and digital phone services to residential customers; and Internet, data, WiFi, digital phone, and video services to business customers.

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