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Rogers Communications

RCINYSE
Logo brought to you by Benzinga Data
$40.65
0.441.09%
At Close: -
$40.65
00.00%
After Hours: Sep 13, 4:00 PM EDT
15 minutes delayed
The dividend Ex-Date was 7 days ago
Consensus Rating1
Outperform
Highest Price Target1
$79.00
Lowest Price Target1
$46.00
Consensus Price Target1
$60.67

Rogers Communications (NYSE:RCI) Stock, Analyst Ratings, Price Targets, Forecasts

Rogers Communications Inc has a consensus price target of $60.67 based on the ratings of 4 analysts. The high is $79 issued by National Bank Financial Inc on June 28, 2023. The low is $46 issued by Barclays on April 10, 2024. The 3 most-recent analyst ratings were released by Canaccord Genuity, Barclays, and Barclays on July 25, 2024, April 10, 2024, and February 12, 2024, respectively. With an average price target of $51.67 between Canaccord Genuity, Barclays, and Barclays, there's an implied 27.10% upside for Rogers Communications Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
0
0
0
0
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.1
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Canaccord Genuity
Barclays
National Bank Financial Inc

1calculated from analyst ratings

Analyst Ratings for Rogers Communications

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Rogers Communications (RCI) stock?

A

The latest price target for Rogers Communications (NYSE:RCI) was reported by Canaccord Genuity on July 25, 2024. The analyst firm set a price target for $57.00 expecting RCI to rise to within 12 months (a possible 40.22% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Rogers Communications (RCI)?

A

The latest analyst rating for Rogers Communications (NYSE:RCI) was provided by Canaccord Genuity, and Rogers Communications downgraded their hold rating.

Q

When was the last upgrade for Rogers Communications (RCI)?

A

The last upgrade for Rogers Communications Inc happened on January 28, 2022 when Desjardins raised their price target to N/A. Desjardins previously had a hold for Rogers Communications Inc.

Q

When was the last downgrade for Rogers Communications (RCI)?

A

The last downgrade for Rogers Communications Inc happened on July 25, 2024 when Canaccord Genuity changed their price target from $59 to $57 for Rogers Communications Inc.

Q

When is the next analyst rating going to be posted or updated for Rogers Communications (RCI)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rogers Communications, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rogers Communications was filed on July 25, 2024 so you should expect the next rating to be made available sometime around July 25, 2025.

Q

Is the Analyst Rating Rogers Communications (RCI) correct?

A

While ratings are subjective and will change, the latest Rogers Communications (RCI) rating was a downgraded with a price target of $59.00 to $57.00. The current price Rogers Communications (RCI) is trading at is $40.65, which is out of the analyst’s predicted range.

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