Rogers Communications Inc. (TSE:RCI.B) has received an average recommendation of “Buy” from the thirteen brokerages that are currently covering the stock. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$57.83.

RCI.B has been the subject of a number of analyst reports. Citigroup Inc. increased their price objective on shares of Rogers Communications from C$51.00 to C$55.00 in a research note on Tuesday, July 19th. National Bank Financial increased their price objective on shares of Rogers Communications from C$58.00 to C$59.00 in a research note on Friday, July 22nd. JPMorgan Chase & Co. increased their price objective on shares of Rogers Communications from C$51.00 to C$57.00 in a research note on Friday, July 22nd. Canaccord Genuity increased their price objective on shares of Rogers Communications from C$50.00 to C$55.00 in a research note on Friday, July 22nd. Finally, BMO Capital Markets increased their price objective on shares of Rogers Communications from C$55.00 to C$60.00 in a research note on Friday, July 22nd.

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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