Rogers Comm Cl A (RCI.A): New Buy Recommendation for This Technology Giant


In a latest note to investors, a research analyst has provided a rating update for the Technology company, Rogers Comm Cl A (RCI.A). Yesterday, analyst Maher Yaghi gave a Buy rating to RCI.A and set a C$79 price target.

According to TipRanks.com, Yaghi is a 4-star analyst with an average return of 7.2% and a 73.6% success rate. Yaghi covers the Technology sector, focusing on stocks such as Rogers Communication, BCE Inc, and Telus.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rogers Comm Cl A with a C$74.67 average price target.

Rogers Comm Cl A’s market cap is currently C$35.21B and has a P/E ratio of 17.2. The company has a Price to Book ratio of 4.26.

Rogers Communications, Inc. engages in the provision of wireless communications services. It operates its business through the following segments: Wireless, Cable, Business Solutions, and Media.

The company’s shares closed on Wednesday at C$68.69.

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