TD Securities Raises Rogers Communications Inc. (RCI.B) Price Target to C$72.00

Rogers Communications Inc. (TSE:RCI.B) (NYSE:RCI) had its target price raised by TD Securities from C$69.00 to C$72.00 in a research report sent to investors on Friday, July 21st. They currently have an action list buy rating on the stock.

Other analysts have also recently issued reports about the company. Royal Bank Of Canada increased their price objective on Rogers Communications from C$59.00 to C$61.00 and gave the company a sector perform rating in a research note on Wednesday, April 19th. Scotiabank increased their price objective on Rogers Communications from C$66.00 to C$70.00 and gave the company an outperform rating in a research note on Monday, May 29th. Morgan Stanley increased their price objective on Rogers Communications from C$54.00 to C$61.00 in a research note on Thursday, April 13th. BMO Capital Markets raised their price target on Rogers Communications from C$67.00 to C$70.00 in a research note on Friday, July 21st. Finally, Barclays PLC raised their price target on Rogers Communications from C$63.00 to C$70.00 in a research note on Friday, July 21st. Six research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Rogers Communications currently has an average rating of Buy and an average target price of C$64.92.

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About Rogers Communications

Rogers Communications Inc is a communications and media company. The Company provides wireless communications services, and cable television, Internet, information technology (IT) and telephony services to consumers and businesses. Its segments include Wireless, Cable, Business Solutions and Media. The Wireless segment is engaged in wireless telecommunications operations for Canadian consumers and businesses.

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