Analyst Ratings for Rogers Communications Inc. Cl B (RCI)

Updated: 2017-07-28

Analysts covering Rogers Communications Inc. Cl B (NYSE:RCI) have given it a consensus rating of Overweight. RCI had previously received a consensus rating of Overweight a month ago.

Of the 20 analysts covering the stock, 8 gave it a buy rating, 1 issued an overweight rating, 11 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has decreased by 1.

A number of analysts gave price targets for RCI. The highest price target was 57.37, implying potential capital gains of 10.82 percent. The most pessimistic analyst gave a price target of 41, implying a possible loss of -20.8 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 9.67 percent on average, compared to last month. That number becomes 10.42 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 9.34 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 9.11 percent.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

RCI has an estimated earnings growth rate of 34.31 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. RCI has a PEG ratio of 0.75.

RCI has traded between a high of 53.07 and a low of 37.03 over the past year. The current market price is above the trailing year's low by 39.81 percent, and 2.45 percent lower than its 52-week high. RCI has a price/earnings ratio of 25.76. Investors typically compare the P/E ratio to a company's peers in the industry. The RCI value stock report compares RCI to some of its peers using value stock charts. The market cap of RCI is $33.39 billion. RCI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.