CIBC Trims Rogers Communications (TSE:RCI.A) Target Price to C$76.00

Rogers Communications (TSE:RCI.AFree Report) had its price objective cut by CIBC from C$77.00 to C$76.00 in a report published on Monday, BayStreet.CA reports.

Rogers Communications Price Performance

Shares of RCI.A stock opened at C$52.58 on Monday. The stock’s fifty day simple moving average is C$57.29 and its 200 day simple moving average is C$59.04. The company has a debt-to-equity ratio of 434.09, a current ratio of 0.77 and a quick ratio of 0.58. The firm has a market cap of C$5.84 billion, a price-to-earnings ratio of 48.69, a P/E/G ratio of 0.95 and a beta of 0.56. Rogers Communications has a one year low of C$50.50 and a one year high of C$64.95.

Rogers Communications Company Profile

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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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