Rogers Communications Inc has a consensus price target of $65.2 based on the ratings of 6 analysts. The high is $79 issued by National Bank Financial Inc on June 28, 2023. The low is $46 issued by Barclays on April 10, 2024. The 3 most-recent analyst ratings were released by TD Securities, BMO Capital, and Canaccord Genuity on September 19, 2024, September 19, 2024, and July 25, 2024, respectively. With an average price target of $67 between TD Securities, BMO Capital, and Canaccord Genuity, there's an implied 89.27% upside for Rogers Communications Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Rogers Communications (NYSE:RCI) was reported by TD Securities on September 19, 2024. The analyst firm set a price target for $74.00 expecting RCI to rise to within 12 months (a possible 109.04% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Rogers Communications (NYSE:RCI) was provided by TD Securities, and Rogers Communications maintained their buy rating.
The last upgrade for Rogers Communications Inc happened on January 28, 2022 when Desjardins raised their price target to N/A. Desjardins previously had a hold for Rogers Communications Inc.
The last downgrade for Rogers Communications Inc happened on July 25, 2024 when Canaccord Genuity changed their price target from $59 to $57 for Rogers Communications Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rogers Communications, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rogers Communications was filed on September 19, 2024 so you should expect the next rating to be made available sometime around September 19, 2025.
While ratings are subjective and will change, the latest Rogers Communications (RCI) rating was a maintained with a price target of $73.00 to $74.00. The current price Rogers Communications (RCI) is trading at is $35.40, which is out of the analyst’s predicted range.
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