Rogers Communications – Consensus indicates 20.9% upside potential

Rogers Communications with ticker code (RCI) now have 8 total analysts covering the stock. The consensus rating is “Buy”. The target price ranges between 68.3 and 58.88 and has an average objective at 64.08. Given that the stock’s previous close was at 53.01, this indicates that there is upside potential of 20.9%. The 50 day MA is 55.31 and the 200 day MA is 50.28. The market cap of the company is $26,446 million. More information at: https://www.rogers.com

The potential market capitalization would be $31,969 million based on market consensus.

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Rogers Communications Inc. is a communications and media company in Canada. It operates through three segments: wireless, cable and media. The Company offers Mobile Internet Access, Wireless Voice and Enhanced Voice, Device and Accessory Financing, Wireless Home Phone, Device Protection, Email, Global Voice Roaming and data bridging of fixed telephony, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for enterprises, as well as device delivery services; and postpaid and prepaid services under the Rogers, Fido and chatr brands to approximately 11.3 million subscribers. It also provides Internet and WiFi services; smart home monitoring services, such as monitoring, security, automation, energy efficiency and smart control via smartphone app. In addition, the company offers local and network television; television on demand; cloud-based digital video recorders; voice-activated remotes and built-in apps; personal video recorders; linear and time-shifted programming; digital specialty channels; 4K television programming; and TV content on smartphones, tablets and PCs, as well as the Ignite TV app and Ignite TV. In addition, it provides local telephone services for individuals and small businesses; call features, such as voicemail, call waiting, and long distance; voice, data network, Internet protocol and Ethernet services; private networks, Internet, voice over IP and cloud computing solutions; optical wave and multi-protocol label switching services; computer technologies and networks; and cable access network services. The company also owns the Toronto Blue Jays and Rogers Center event venue; and operates the Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada) and OLN television networks, as well as 55 AM and FM radio stations. The company was founded in 1960 and is headquartered in Toronto, Canada.

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