Rogers Communications Inc. (TSE:RCI.B) had its price target raised by CIBC from C$56.00 to C$57.00 in a report released on Tuesday.

Several other equities analysts have also recently issued reports on RCI.B. Canaccord Genuity boosted their target price on Rogers Communications from C$50.00 to C$55.00 in a research report on Friday, July 22nd. National Bank Financial upped their price target on Rogers Communications from C$58.00 to C$59.00 in a report on Friday, July 22nd. Scotiabank upped their price target on Rogers Communications from C$56.00 to C$57.00 and gave the stock an outperform rating in a report on Monday, July 11th. Barclays PLC upped their price target on Rogers Communications from C$51.00 to C$53.00 in a report on Friday, July 22nd. Finally, BMO Capital Markets upped their price target on Rogers Communications from C$55.00 to C$60.00 in a report on Friday, July 22nd. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of C$57.69.

About Rogers Communications

Rogers Communications Inc is a communications and media company. The Company provides wireless communications services, and cable television, Internet and telephony services to consumers and businesses. The Company operates through four segments: Wireless, Cable, Business Solutions and Media. Its Wireless segment is engaged in wireless telecommunications operations for Canadian consumers and businesses.

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