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Analysts’ Opinions Are Mixed on These Communication Services Stocks: Alphabet Class C (GOOG) and Rogers Communication (RCI)

Tipranks - Tipranks - Sat Apr 25, 1:46AM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Alphabet Class C (GOOG) and Rogers Communication (RCI).

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Alphabet Class C (GOOG)

TD Cowen analyst John Blackledge maintained a Buy rating on Alphabet Class C today and set a price target of $375.00. The company’s shares closed last Thursday at $337.75.

According to TipRanks.com, Blackledge is a 5-star analyst with an average return of 10.2% and a 53.2% success rate. Blackledge covers the Technology sector, focusing on stocks such as Uber Technologies, Grindr, and Lyft. ;'>

Alphabet Class C has an analyst consensus of Strong Buy, with a price target consensus of $385.44, representing a 13.5% upside. In a report issued on April 9, Bank of America Securities also maintained a Buy rating on the stock.

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Rogers Communication (RCI)

Barclays analyst Lauren Bonham maintained a Hold rating on Rogers Communication yesterday and set a price target of $37.00. The company’s shares closed last Thursday at $37.35.

According to TipRanks.com, Bonham is ranked #11403 out of 12212 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rogers Communication with a $43.29 average price target, a 14.5% upside from current levels. In a report released yesterday, Desjardins also maintained a Hold rating on the stock with a C$59.00 price target.

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