Rogers Communications (TSE:RCI.B) Price Target Lowered to C$81.00 at JPMorgan Chase & Co.

Rogers Communications (TSE:RCI.BFree Report) (NYSE:RCI) had its price target reduced by JPMorgan Chase & Co. from C$90.00 to C$81.00 in a research note released on Tuesday morning, BayStreet.CA reports.

A number of other equities research analysts have also weighed in on RCI.B. National Bankshares boosted their price objective on Rogers Communications from C$75.00 to C$78.00 and gave the stock an outperform rating in a research report on Friday, December 8th. Desjardins boosted their price objective on Rogers Communications from C$77.00 to C$79.00 and gave the stock a buy rating in a research report on Friday, February 2nd. Barclays reduced their price objective on Rogers Communications from C$74.00 to C$70.00 in a research report on Monday, February 12th. Cormark boosted their price objective on Rogers Communications from C$76.00 to C$86.00 in a research report on Friday, February 2nd. Finally, TD Securities boosted their price objective on Rogers Communications from C$84.00 to C$88.00 and gave the stock an action list buy rating in a research report on Friday, February 2nd. Seven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Rogers Communications has an average rating of Buy and an average price target of C$75.96.

View Our Latest Stock Report on RCI.B

Rogers Communications Trading Down 2.3 %

Shares of RCI.B stock opened at C$54.01 on Tuesday. The firm has a market capitalization of C$22.69 billion, a P/E ratio of 33.34, a P/E/G ratio of 0.92 and a beta of 0.55. Rogers Communications has a twelve month low of C$50.15 and a twelve month high of C$67.67. The company has a quick ratio of 0.58, a current ratio of 0.89 and a debt-to-equity ratio of 442.92. The stock’s fifty day simple moving average is C$60.20 and its 200 day simple moving average is C$58.52.

Rogers Communications Company Profile

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Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The Wireless segment offers wireless voice and data communication services to individual consumers, businesses, governments, and other telecommunications service providers; postpaid and prepaid wireless services under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications to consumers and businesses.

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