Rogers Communications (RCI.B) – Investment Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Rogers Communications (TSE: RCI.B) recently:

• 4/7/2026 – Rogers Communications had its price target lowered by Canaccord Genuity Group Inc. from C$57.00 to C$55.50. They now have a “buy” rating on the stock.
• 4/7/2026 – Rogers Communications had its price target lowered by Desjardins from C$55.00 to C$54.50. They now have a “hold” rating on the stock.
• 4/2/2026 – Rogers Communications was downgraded by TD Securities from “buy” to “hold”. They now have a C$56.00 price target on the stock, down from C$65.00.
• 4/1/2026 – Rogers Communications had its price target lowered by JPMorgan Chase & Co. from C$65.00 to C$63.00.

Rogers is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Rogers’ wireless business accounted for 60% of the company’s total sales in 2021 and has increasingly provided a bigger portion of total company sales over the last several years. Rogers’ cable segment, which provides about one fourth of total sales, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers’ media unit, which owns and operates various television and radio stations and the Toronto Blue Jays.