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Analysts’ Top Communication Services Picks: iHeartMedia (IHRT), Rogers Communication (RCI)

Tipranks - Sat Jan 31, 10:56AM CST

Analysts fell to the sidelines weighing in on iHeartMedia (IHRTResearch Report) and Rogers Communication (RCIResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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iHeartMedia (IHRT)

In a report released today, Patrick Sholl from Barrington maintained a Hold rating on iHeartMedia. The company’s shares closed last Friday at $3.18.

According to TipRanks.com, Sholl is a 3-star analyst with an average return of 5.7% and a 39.2% success rate. Sholl covers the NA sector, focusing on stocks such as Clear Channel Outdoor, Nexstar Media Group, and National Cinemedia. ;'>

iHeartMedia has an analyst consensus of Moderate Sell, with a price target consensus of $4.25, which is a 38.4% upside from current levels. In a report released yesterday, TipRanks – OpenAI also downgraded the stock to Hold with a $3.00 price target.

See the top stocks recommended by analysts >>

Rogers Communication (RCI)

Bank of America Securities analyst Matthew Griffiths maintained a Hold rating on Rogers Communication today. The company’s shares closed last Friday at $37.69.

According to TipRanks.com, Griffiths is ranked #10352 out of 12040 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rogers Communication with a $41.52 average price target, which is a 7.9% upside from current levels. In a report issued on January 27, Barclays also maintained a Hold rating on the stock with a $37.00 price target.

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