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Rogers Communications Inc. (USA) 41.2% Potential Upside Now Implied by RBC Capital Mkts

Rogers Communications Inc. (USA) using SYMBOL/TICKER code NYSE:RCI had its stock rating noted as ‘Downgrade’ with the recommendation being set at ‘SECTOR PERFORM’ yesterday by research analysts at RBC Capital Mkts. Rogers Communications Inc. (USA) are listed in the Consumer Services sector within NYSE. RBC Capital Mkts have set their target price at 55 USD on its stock. This indicates the analyst believes there is a potential upside of 41.2% from the opening price of 38.95 USD.

 

Rogers Communications Inc. (USA) NYSE:RCI has a 50 day moving average of 39.04 USD and a 200 day moving average of 40.65 USD. The 52 week high for the stock is 45.5 USD while the 52 week low is 32.5 USD. Over the last 30 and 90 trading days the company share price has increased 0.5 points and decreased 3.79 points respectively. There are currently 511,530,684 shares in issue with the average daily volume traded being 186,004. Market capitalisation for NYSE:RCI is $19,867,851,845.00 USD.

 

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

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