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Rogers Communication found using the ticker (RCI) now has 8 analysts covering the stock. Analyst consensus points to a Buy rating. The price target ranges between 63.75 and 47, calculating the average price target we see 54.04. Given that the stock’s previous close was 45.02, this indicates a potential upside of 20.0%. The 50 day moving average is 40.87 and the 200 day MA is 47.69. The company’s market cap is $22,997 million. You can visit the company website by visiting: https://www.rogers.com
The potential market cap would be $27,604 million based on the market consensus.
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Rogers Communications Inc. operates as a communications and media company in Canada. It operates in three segments: wireless, cable and media. The company offers mobile Internet access, wireless voice and enhanced voice, device and accessory financing, wireless home phone, device security, e-mail, global voice and data roaming, landline connectivity, machine-to-machine solutions and Internet of Things things, and advanced wireless business solutions as well as device delivery services; and subscription and prepaid services under the Rogers, Fido and chatr brands to approximately 11.3 million subscribers. It also provides internet and WiFi services; smart home monitoring services such as monitoring, security, automation, energy efficiency and smart control via a smartphone app. In addition, the company offers local and network television; television on demand; cloud-based digital video recorders; voice-activated remote controls and integrated applications; personal video recorders; linear and time-shifted programming; digital specialty channels; 4K TV programs; and TV content on smartphones, tablets and PCs, and runs Ignite TV and the Ignite TV app. It also provides local telephone service for residential and small businesses; call features such as voicemail, call waiting, and long distance; voice, network data, Internet Protocol and Ethernet services; private networks, Internet, IP voice and cloud solutions; Optical wave and multi-protocol label switching services; IT and network technologies; and cable access network services. The company also owns the Toronto Blue Jays and Rogers Center; and operates television networks Sportsnet ONE, Sportsnet 360, Sportsnet World, Citytv, OMNI, FX (Canada), FXX (Canada) and OLN, as well as 55 AM and FM radio stations. The company was founded in 1960 and is headquartered in Toronto, Canada.
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