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 a possible profit of 10.82 percent. The lowest price target was 41, which equates to a potential downside of -20.8 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 9.67 percent. The average change in earnings estimates over the last 90 days is 10.42 percent. 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. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. 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.

The growth rate of RCI's earnings is estimated by analysts to be 34.31 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of RCI is 0.75.

In the last 52-weeks, RCI has achieved a high of 53.07 and a low of 37.03. The current market price is above the trailing year's low by 39.81 percent, and below the high by 2.45 percent. RCI has a P/E 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 stock has a market capitalization of $33.39 billion. RCI's next earnings release will be on 0000-00-00, which is days away.