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Rogers Communications

RCINYSE
$37.46
00.00%
After Hours: Jul 19, 4:00 PM EDT
15 minutes delayed
Q2 2024 earnings tomorrow on Wed Jul 24th before the market open
Conference call scheduled tomorrow at 8:00 AM Click to view the webcast
Consensus Rating1
Outperform
Highest Price Target1
$79.00
Lowest Price Target1
$46.00
Consensus Price Target1
$62.50

Rogers Communications (NYSE:RCI) Stock, Analyst Ratings, Price Targets, Forecasts

Rogers Communications Inc has a consensus price target of $62.5 based on the ratings of 3 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 Barclays, Barclays, and National Bank Financial Inc on April 10, 2024, February 12, 2024, and June 28, 2023, respectively. With an average price target of $59 between Barclays, Barclays, and National Bank Financial Inc, there's an implied 56.79% upside for Rogers Communications Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Feb
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.6
Strong Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
National Bank Financial Inc

1calculated from analyst ratings

Analyst Ratings for Rogers Communications

Buy NowGet Alert
04/10/2024Buy Now22.24%Barclays
Kannan Venkateshwar
$52 → $46MaintainsOverweightGet Alert
02/12/2024Buy Now38.19%Barclays
Kannan Venkateshwar
$55 → $52MaintainsOverweightGet Alert
06/28/2023Buy Now109.94%National Bank Financial Inc
Adam Shine
$76 → $79MaintainsOutperformGet Alert
05/08/2023Buy Now46.16%Barclays
Kannan Venkateshwar
→ $55Reinstates → OverweightGet Alert
01/28/2022Buy NowDesjardins
Jerome Dubreuil
UpgradeHold → BuyGet Alert

FAQ

Q

What is the target price for Rogers Communications (RCI) stock?

A

The latest price target for Rogers Communications (NYSE:RCI) was reported by Barclays on April 10, 2024. The analyst firm set a price target for $46.00 expecting RCI to rise to within 12 months (a possible 22.24% upside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Rogers Communications (RCI)?

A

The latest analyst rating for Rogers Communications (NYSE:RCI) was provided by Barclays, and Rogers Communications maintained their overweight rating.

Q

When was the last upgrade for Rogers Communications (RCI)?

A

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.

Q

When was the last downgrade for Rogers Communications (RCI)?

A

There is no last downgrade for Rogers Communications.

Q

When is the next analyst rating going to be posted or updated for Rogers Communications (RCI)?

A

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 April 10, 2024 so you should expect the next rating to be made available sometime around April 10, 2025.

Q

Is the Analyst Rating Rogers Communications (RCI) correct?

A

While ratings are subjective and will change, the latest Rogers Communications (RCI) rating was a maintained with a price target of $52.00 to $46.00. The current price Rogers Communications (RCI) is trading at is $37.63, which is out of the analyst’s predicted range.

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