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National Bank Sticks to Their Buy Rating for Rogers Communication (RCI)
National Bank analyst maintained a Buy rating on Rogers Communication today and set a price target of C$62.00.
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In a report released today, Scotiabank also maintained a Buy rating on the stock with a C$61.00 price target.
RCI market cap is currently C$24.48B and has a P/E ratio of 3.39.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RCI in relation to earlier this year.
Read More on RCI:
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- Rogers Communications price target raised to C$61 from C$60.50 at Scotiabank
- Rogers Maintained at Buy as Wireless Outperformance and Sports & Media Upside Support Unchanged $60 Price Target
- Rogers Communications to buy remaining 25% ownership stake in MLSE for C$4.35B
- Rogers to Acquire Remaining MLSE Stake, Becoming 100% Owner
- M&A News: Canada’s Rogers (RCI) Buys Remaining Stake in Maple Leaf Sports for $4.35 Billion
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