RBC Capital Sticks to Their Hold Rating for Rogers Communication (RCI)

In a report released on October 14, Drew Mcreynolds from RBC Capital maintained a Hold rating on Rogers Communication (RCIResearch Report), with a price target of C$68.00. The company’s shares closed yesterday at $38.08.

According to TipRanks, Mcreynolds is a 4-star analyst with an average return of 5.6% and a 52.30% success rate. Mcreynolds covers the Technology sector, focusing on stocks such as Thomson Reuters, BCE, and Rogers Communication.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rogers Communication with a $54.16 average price target.

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The company has a one-year high of $63.46 and a one-year low of $36.23. Currently, Rogers Communication has an average volume of 405K.

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Incorporated in 1960, Canada-based Rogers Communications, Inc. provides wireless communications services. It operates its business through the following segments: Wireless, Cable, and Media.

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