Rogers Communication, Inc. (RCI) Upgraded by Canaccord

Rogers Communication, Inc. (NYSE:RCI) (TSE:RCI.B) was upgraded by investment analysts at Canaccord Genuity from a “hold” rating to a “buy” rating in a research report issued on Thursday, The Fly reports.

A number of other equities research analysts have also issued reports on RCI. Zacks Investment Research lowered shares of Rogers Communication from a “buy” rating to a “hold” rating in a report on Thursday, October 13th. Barclays PLC set a $40.00 price objective on shares of Rogers Communication and gave the company a “hold” rating in a research note on Friday, October 14th. RBC Capital Markets reiterated an “outperform” rating on shares of Rogers Communication in a research note on Tuesday, October 18th. Credit Suisse Group reiterated a “neutral” rating and issued a $54.00 price objective (up previously from $53.00) on shares of Rogers Communication in a research note on Tuesday, October 18th. Finally, Scotiabank reiterated an “outperform” rating and issued a $60.00 price objective on shares of Rogers Communication in a research note on Tuesday, October 18th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $51.00.

Source: American Banking and Market News