Rogers Communications Inc. (RCI)
NYSE: RCI · IEX Real-Time Price · USD
37.46
-0.29 (-0.77%)
At close: Jul 19, 2024, 4:00 PM
37.43
-0.03 (-0.08%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Rogers Communications Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for RCI stock has a target of 46, which predicts an increase of 22.80% from the current stock price of 37.46.
Analyst Consensus: Buy
* Price targets were last updated on Apr 10, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for RCI is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $52 → $46 | Buy | Maintains | $52 → $46 | +22.80% | Apr 10, 2024 |
| Barclays | Barclays | Buy Maintains $55 → $52 | Buy | Maintains | $55 → $52 | +38.81% | Feb 12, 2024 |
| National Bank Financial Inc | National Bank Financial Inc | Buy Maintains $76 → $79 | Buy | Maintains | $76 → $79 | +110.89% | Jun 28, 2023 |
| Barclays | Barclays | Buy Initiates $55 | Buy | Initiates | $55 | +46.82% | May 8, 2023 |
| Desjardins | Desjardins | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Jan 28, 2022 |
Financial Forecast
Revenue This Year
21.36B
from 19.31B
Increased by 10.62%
Revenue Next Year
21.44B
from 21.36B
Increased by 0.39%
EPS This Year
4.90
from 1.62
Increased by 202.39%
EPS Next Year
5.71
from 4.90
Increased by 16.53%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.2B | 22.5B | 23.3B |
| Avg | 21.4B | 22.0B | 22.6B |
| Low | 20.1B | 20.9B | 21.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.9% | 5.0% | 5.5% |
| Avg | 11.0% | 2.8% | 2.7% |
| Low | 4.1% | -2.4% | -3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.76 | 8.54 | 7.30 |
| Avg | 5.71 | 6.59 | 6.20 |
| Low | 4.41 | 4.75 | 5.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 379.0% | 49.5% | 10.8% |
| Avg | 252.4% | 15.4% | -5.8% |
| Low | 172.2% | -16.7% | -20.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.