Shaw Comm Cl B NV (TSX: SJR.B), the Services sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Vince Valentini from TD Securities remains bullish on the stock and has a C$32 price target.
According to TipRanks.com, Valentini is ranked #1759 out of 4872 analysts.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shaw Comm Cl B NV with a C$29.83 average price target.
Based on Shaw Comm Cl B NV’s latest earnings release for the quarter ending May 31, the company reported a quarterly revenue of C$1.3 billion and GAAP net loss of C$91 million. In comparison, last year the company earned revenue of C$1.24 billion and had a net profit of C$151 million.
Shaw Communications, Inc. engages in the provision of cable telecommunications and satellite video services. It operates through the following business segments: Consumer, Business Network Services, and Wireless. The Consumer segment provides cable telecommunications services including video, internet, WiFi, phone, and satellite video to Canadian consumers.
The company’s shares closed on Wednesday at C$25.63.
