Investment Analysts’ Recent Ratings Changes for Rogers Communications (RCI.B)

A number of research firms have changed their ratings and price targets for Rogers Communications (TSE: RCI.B):

• 4/7/2025 – Rogers Communications was upgraded by analysts at Canaccord Genuity Group Inc. from a “hold” rating to a “buy” rating. They now have a C$41.00 price target on the stock, down previously from C$42.00.
• 4/3/2025 – Rogers Communications had its price target lowered by analysts at JPMorgan Chase & Co. from C$57.00 to C$53.00. They now have an “overweight” rating on the stock.
• 4/2/2025 – Rogers Communications had its price target lowered by analysts at TD Securities from C$64.00 to C$62.00. They now have a “buy” rating on the stock.
• 4/1/2025 – Rogers Communications was downgraded by analysts at Scotiabank from an “outperform” rating to a “sector perform” rating. They now have a C$50.00 price target on the stock, down previously from C$58.00.
• 4/1/2025 – Rogers Communications had its price target lowered by analysts at National Bankshares, Inc. from C$54.00 to C$53.00. They now have an “outperform” rating on the stock.
• 4/1/2025 – Rogers Communications had its price target lowered by analysts at UBS Group AG from C$66.00 to C$63.00.
• 2/13/2025 – Rogers Communications had its price target raised by analysts at TD Securities from C$63.00 to C$64.00. They now have a “buy” rating on the stock.

Rogers Communications Stock Performance

Shares of TSE RCI.B opened at C$35.23 on Tuesday. The business’s 50-day simple moving average is C$39.61 and its 200-day simple moving average is C$45.79. The company has a debt-to-equity ratio of 436.50, a quick ratio of 0.58 and a current ratio of 0.65. Rogers Communications Inc. has a 52 week low of C$35.08 and a 52 week high of C$56.55. The firm has a market cap of C$14.86 billion, a price-to-earnings ratio of 21.61, a P/E/G ratio of 0.32 and a beta of 0.62.

Rogers is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Rogers’ wireless business accounted for 60% of the company’s total sales in 2021 and has increasingly provided a bigger portion of total company sales over the last several years.