Shaw Communications (TSE:SJR.B) (NYSE:SJR) had its price objective lowered by investment analysts at CIBC from C$31.00 to C$28.00 in a research report issued to clients and investors on Friday. CIBC’s price target points to a potential upside of 2.90% from the stock’s current price.
Other research analysts have also recently issued reports about the stock. National Bank Financial dropped their target price on shares of Shaw Communications from C$29.00 to C$28.00 and set a “sector perform” rating on the stock in a report on Friday. TD Securities upgraded shares of Shaw Communications from a “buy” rating to an “action list buy” rating and set a C$34.00 target price on the stock in a report on Friday. Royal Bank of Canada dropped their target price on shares of Shaw Communications from C$30.00 to C$29.00 and set an “outperform” rating on the stock in a report on Friday. Desjardins dropped their target price on shares of Shaw Communications from C$30.50 to C$30.00 in a report on Friday. Finally, Echelon Wealth Partners upgraded shares of Shaw Communications from a “hold” rating to a “buy” rating in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of C$29.11.
Shaw Communications (TSE SJR.B) opened at C$27.21 on Friday. Shaw Communications has a 1-year low of C$26.48 and a 1-year high of C$30.44. The stock has a market cap of $13,620.00, a PE ratio of 23.26 and a beta of 0.62.
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.
What are top analysts saying about Shaw Communications? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Shaw Communications and related companies.