Shares of Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) have earned a consensus recommendation of “Hold” from the ten ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$29.94.

A number of analysts have weighed in on SJR.B shares. Canaccord Genuity boosted their target price on shares of Shaw Communications from C$28.00 to C$30.00 in a research note on Wednesday, June 14th. National Bank Financial started coverage on shares of Shaw Communications in a research note on Tuesday, June 27th. They set an “outperform” rating on the stock. Desjardins boosted their target price on shares of Shaw Communications from C$30.00 to C$30.50 and gave the stock a “hold” rating in a research note on Wednesday, June 14th. Royal Bank Of Canada boosted their target price on shares of Shaw Communications from C$30.00 to C$31.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 14th. Finally, CIBC boosted their target price on shares of Shaw Communications from C$29.00 to C$31.00 in a research note on Thursday, June 29th.

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About Shaw Communications

Shaw Communications Inc (Shaw) is a diversified connectivity provider. The Company operates through four divisions: Consumer, Wireless, Business Network Services and Business Infrastructure Services. Under the Consumer division, the Company offers Cable telecommunications and Satellite video services to residential customers.

Analyst Recommendations for Shaw Communications (TSE:SJR.B)

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