Rogers Communications with ticker code (RCI) now have 8 analysts covering the stock. Analyst consensus points to a buy rating. The target price ranges between 62.12 and 51.2 and has an average objective at 56.99. Given that the stock’s previous close was at 52.99, this would indicate that there is upside potential of 7.5%. There is a 50-day moving average of 48.86 and the 200-day MA is 49.46. The company has a market capitalization of $26,500 million. More information at: https://www.rogers.com
The potential market capitalization would be $28,501 million based on market consensus.
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Rogers Communications Inc. is a communications and media company in Canada. It operates through three segments: wireless, cable and media. The company offers mobile Internet access, wireless voice and enhanced voice, device and accessory financing, wireless home phone, device protection, text messaging, email, global voice and data roaming, wireline, machine-to-machine and the Internet of Things. and advanced wireless solutions for businesses, as well as device delivery services; and postpaid and prepaid services under the Rogers, Fido and chatr brands to approximately 10.9 million subscribers. It also provides Internet and WiFi services; smart home monitoring services, such as monitoring, security, automation, energy efficiency and smart control via smartphone app. In addition, the company offers local and network television; television on demand; cloud-based digital video recorders; voice-activated remotes and built-in apps; personal video recorders; linear and time-shifted programming; digital specialty channels; 4K television programming; and TV content on smartphones, tablets and PCs, as well as the Ignite TV app and Ignite TV. In addition, it provides local telephone services for individuals and small businesses; call features, such as voicemail, call waiting, and long distance; voice, data network, Internet protocol and Ethernet services; private networks, Internet, voice over IP and cloud computing solutions; optical wave and multi-protocol label switching services; computer technologies and networks; and cable access network services. The company also owns the Toronto Blue Jays and Rogers Center event venue; and operates the Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada) and OLN television networks, as well as 55 AM and FM radio stations. Rogers Communications Inc. was founded in 1960 and is headquartered in Toronto, Canada.