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RBC Capital Remains a Buy on Rogers Communication (RCI)

Tipranks - Sat Jan 31, 8:00AM CST

In a report released today, Drew Mcreynolds from RBC Capital maintained a Buy rating on Rogers Communication, with a price target of C$61.00.

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According to TipRanks, Mcreynolds is a 4-star analyst with an average return of 3.8% and a 53.59% success rate. Mcreynolds covers the Communication Services sector, focusing on stocks such as BCE, Rogers Communication, and Telus.

In addition to RBC Capital, Rogers Communication also received a Buy from BMO Capital’s Tim Casey in a report issued yesterday. However, on January 27, Barclays maintained a Hold rating on Rogers Communication (NYSE: RCI).

RCI market cap is currently C$26.77B and has a P/E ratio of 3.85.

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