TD Securities Maintains a Buy Rating on Shaw Comm Cl B NV (SJR.B)


Shaw Comm Cl B NV (SJR.B) has received a rating update from a Wall Street analyst today. Analyst Vince Valentini from TD Securities reiterated a Buy rating, with a C$34 price target.

According to TipRanks.com, Valentini is a 4-star analyst with an average return of 3.7% and a 63.0% success rate. Valentini covers the Technology sector, focusing on stocks such as Rogers Communication, BCE Inc, and Telus.

Read also: This Analyst Presses the ‘Buy’ Button on Foot Locker (FL) Stock on Back of Strong Earnings

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shaw Comm Cl B NV with a C$29.58 average price target.

Shaw Comm Cl B NV’s market cap is currently C$12.68B and has a P/E ratio of 252.5. The company has a Price to Book ratio of 2.24.

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$25.07.

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