---
title: "BMO Capital Markets Boosts Rogers Communications (TSE:RCI.B) Price Target to C$70.00"
description: "BMO Capital Markets has raised its price target for Rogers Communications (TSE:RCI.B) from C.00 to C.00, indicating a potential upside of 29.13%. Other brokerages have also adjusted their targets, wit"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/214721821.md"
published_at: "2024-09-19T18:10:26.000Z"
---

# BMO Capital Markets Boosts Rogers Communications (TSE:RCI.B) Price Target to C$70.00

> BMO Capital Markets has raised its price target for Rogers Communications (TSE:RCI.B) from C.00 to C.00, indicating a potential upside of 29.13%. Other brokerages have also adjusted their targets, with Royal Bank of Canada increasing theirs, while JPMorgan Chase & Co. and Canaccord Genuity Group have lowered theirs. Currently, Rogers Communications holds a consensus rating of "Moderate Buy" with an average price target of C.63. The stock traded at C.21 with a market cap of C.86 billion and a PE ratio of 33.26.

Rogers Communications (TSE:RCI.B - Get Free Report) NYSE: RCI had its price target hoisted by stock analysts at BMO Capital Markets from C$67.00 to C$70.00 in a report released on Thursday, BayStreet.CA reports. BMO Capital Markets' price target suggests a potential upside of 29.13% from the company's previous close.

Get **Rogers Communications** alerts:

A number of other brokerages have also issued reports on RCI.B. Royal Bank of Canada lifted their price target on Rogers Communications from C$65.00 to C$66.00 in a research note on Thursday. JPMorgan Chase & Co. reduced their price objective on Rogers Communications from C$80.00 to C$69.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 10th. Canaccord Genuity Group downgraded Rogers Communications from a "buy" rating to a "hold" rating and reduced their price objective for the stock from C$59.00 to C$57.00 in a research report on Thursday, July 25th. TD Securities reduced their price objective on Rogers Communications from C$74.00 to C$70.00 and set a "buy" rating on the stock in a research report on Monday, July 22nd. Finally, Cormark reduced their target price on Rogers Communications from C$74.00 to C$72.00 in a research report on Thursday, July 25th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Rogers Communications currently has a consensus rating of "Moderate Buy" and an average price target of C$69.63.

**View Our Latest Analysis on Rogers Communications**

## Rogers Communications Price Performance

Shares of TSE:RCI.B traded up C$0.21 during trading on Thursday, reaching C$54.21. The stock had a trading volume of 551,617 shares, compared to its average volume of 1,517,240. The company has a debt-to-equity ratio of 436.50, a quick ratio of 0.58 and a current ratio of 0.65. The business has a fifty day moving average price of C$53.66 and a 200-day moving average price of C$53.88. The stock has a market cap of C$22.86 billion, a PE ratio of 33.26, a PEG ratio of 0.92 and a beta of 0.62. Rogers Communications has a 1-year low of C$48.67 and a 1-year high of C$64.71.

## Rogers Communications Company Profile

(Get Free Report)

Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The Wireless segment offers wireless voice and data communication services to individual consumers, businesses, governments, and other telecommunications service providers; postpaid and prepaid wireless services under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications to consumers and businesses.

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*This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.*

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## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| AGF Management Ltd. 出售了 26,628 股罗杰斯通信公司（Rogers Communications, Inc.）的股票，股票代码为$RCI | AGF Management Ltd. 在第三季度减少了对罗杰斯通信的持股比例，下降了 1.5%，出售了 26,628 股，剩余持有 1,773,793 股，市值为 6,114 万美元。其他机构投资者，包括诺华银行和 CIBC 资产管理，也 | [Link](https://longbridge.com/en/news/274512299.md) |
| 加拿大罗杰斯通信第四季度收入增长 13%，超出市场预期 | 加拿大的罗杰斯通信公司报告称，第四季度收入增长了 13%，超出了分析师的预期。公司的调整后每股收益也超过了预测，这得益于与体育相关的媒体收入激增 126%。罗杰斯预计到 2026 年，服务收入将增长 3-5%，调整后的息税折旧摊销前利润（E | [Link](https://longbridge.com/en/news/274146963.md) |
| 罗杰斯通信（RCI）预计将在周四发布季度财报 | 罗杰斯通信（NYSE:RCI）将于 2026 年 1 月 29 日公布 2025 年第四季度的财报，预计每股收益为 0.94 美元，收入为 59.427 亿美元。该公司此前报告了 2025 年第三季度每股收益为 0.99 美元，超出预期。分 | [Link](https://longbridge.com/en/news/273327589.md) |
| RBC 资本继续维持对罗杰斯通信（RCI）的买入评级 | 根据分析师 Drew Mcreynolds 的报告，RBC Capital 对罗杰斯通信（Rogers Communication，RCI）维持了买入评级，目标价为 61.00 加元。Mcreynolds 是一位四星级分析师，平均回报率为  | [Link](https://longbridge.com/en/news/272485775.md) |
| 罗杰斯通信公布第四季度收益增长；上调 2026 财年预期；宣布派发股息 | 罗杰斯通信公司报告第四季度净收入上升至 7.43 亿美元，较去年同期的 5.58 亿美元有所增加，每股收益也上升至 1.37 美元。调整后的净收入也上升至 8.19 亿美元，服务收入激增至 52.5 亿美元。公司预计 2026 财年的服务收 | [Link](https://longbridge.com/en/news/274154204.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
