In a new note to investors on January 4, an analyst has provided a rating update for Shaw Comm Cl B NV (SJR.B). Scotiabank’s analyst Jeff Fan reiterates their Buy rating on the shares, with a C$32 price target.
According to TipRanks.com, Fan is a 4-star analyst with an average return of 2.8% and a 60.5% success rate. Fan covers the Technology sector, focusing on stocks such as Rogers Communication, AT&T Inc, and BCE Inc.
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Currently, the analyst consensus on Shaw Comm Cl B NV is a Moderate Buy with an average price target of C$30.
Shaw Comm Cl B NV’s market cap is currently C$12.95B and has a P/E ratio of 245.2. The company has a Price to Book ratio of 2.29.
Shaw Communications, Inc. engages in the provision of cable telecommunications and satellite video services. It operates through the Wireless segment. The Wireless segment includes wireless services for voice and data communications serving customers in Ontario, British Columbia and Alberta.
The company’s shares closed on Friday at C$25.56.
