Rogers Communications (RCI) Stock Forecast & Price Target

$42.34

-0.31 (-0.73%)

(As of 10:14 AM ET)

Today's Range: $42.34
▼
$42.89
50-Day Range: $36.76
▼
$43.40
52-Week Range: $36.55
▼
$50.16

Volume: 16,634 shs
Average Volume: 331,514 shs
Market Capitalization: $22.38 billion

P/E Ratio: 28.61
Dividend Yield: 3.50%
Price Target: $72.33

Rogers Communications Consensus Analyst Rating and Stock Price Forecast (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Buy
Based on 4 Analyst Ratings

Analysts' Consensus Price Target

N/A

Type	Current Forecast 11/29/22 to 11/29/23	1 Month Ago 10/30/22 to 10/30/23	3 Months Ago 8/31/22 to 8/31/23	1 Year Ago 11/29/21 to 11/29/22
Consensus Rating	Buy	Moderate Buy	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)	4 Buy rating(s)
Hold	0 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Predicted Upside	N/A	N/A	N/A	N/A

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RCI Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

RCI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Rogers Communications Stock vs. The Competition

Type	Rogers Communications	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	3.00	2.55	2.49
Consensus Rating	Buy	Moderate Buy	Hold
Predicted Upside		132.98% Upside	2,838.32% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target
11/10/2023	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy
9/15/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Outperform
5/8/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight ➝ Overweight
2/6/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
2/3/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$76.00 ➝ C$78.00
1/12/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$69.00 ➝ C$72.00
1/12/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$75.00 ➝ C$78.00
1/3/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$71.00 ➝ C$74.75

(Data available from 11/29/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

RCI Price Target - Frequently Asked Questions

What is Rogers Communications's consensus rating?: According to the issued ratings of 4 analysts in the last year, the consensus rating for Rogers Communications stock is Buy based on the current 4 buy ratings for RCIthe . Learn more on RCI's analyst rating history.
Do Wall Street analysts like Rogers Communications more than its competitors?: Analysts like Rogers Communications more than other Consumer Discretionary companies. The consensus rating for Rogers Communications is Buy while the average consensus rating for consumer discretionary companies is Moderate Buy. Learn more on how RCI compares to other companies.
Is Rogers Communications being upgraded by Wall Street analysts?: Over the previous 90 days, Rogers Communications's stock had 2 upgrades by analysts.

What analysts cover Rogers Communications?: Rogers Communications has been rated by Desjardins, and Royal Bank of Canada in the past 90 days.

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This page (NYSE:RCI) was last updated on 11/29/2023 by MarketBeat.com Staff

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