Rogers Comm Cl A (RCI.A) Receives a Hold from Morgan Stanley


In a new note to investors today, an analyst has provided a rating update for Rogers Comm Cl A (RCI.A). Analyst Simon Flannery from Morgan Stanley remains neutral on the stock and has a C$71 price target.

According to TipRanks.com, Flannery is a 4-star analyst with an average return of 6.0% and a 68.9% success rate. Flannery covers the Technology sector, focusing on stocks such as Rogers Communication, Zayo Group Holdings, and CenturyLink Inc.

Read also: Here’s What Analysts Are Saying About Snap Stock Ahead of Earnings

Currently, the analyst consensus on Rogers Comm Cl A is a Hold with an average price target of C$75, representing a 10.8% upside. In a report issued on April 22, RBC Capital also maintained a Hold rating on the stock with a C$74 price target.

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The company has a one-year high of C$74.15 and a one-year low of C$58. Currently, Rogers Comm Cl A has an average volume of 1,312.

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 Friday at C$67.69.

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