Rogers Communications Inc. (RCI)
NYSE: RCI · Real-Time Price · USD
35.29
-0.50 (-1.40%)
Nov 20, 2024, 4:00 PM EST - Market closed
Rogers Communications Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for RCI stock have an average target of 61.75, with a low estimate of 46 and a high estimate of 74. The average target predicts an increase of 74.98% from the current stock price of 35.29.
Analyst Consensus: Buy
* Price targets were last updated on Sep 19, 2024.
Analyst Ratings
The average analyst rating for RCI stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 2 | 1 | 1 | 2 | 2 | 2 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Securities | TD Securities | Strong Buy Maintains $73 → $74 | Strong Buy | Maintains | $73 → $74 | +109.69% | Sep 19, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $67 → $70 | Buy | Maintains | $67 → $70 | +98.36% | Sep 19, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy → Hold Downgrades $59 → $57 | Strong Buy → Hold | Downgrades | $59 → $57 | +61.52% | Jul 25, 2024 |
| Barclays | Barclays | Buy Maintains $52 → $46 | Buy | Maintains | $52 → $46 | +30.35% | Apr 10, 2024 |
| Barclays | Barclays | Buy Maintains $55 → $52 | Buy | Maintains | $55 → $52 | +47.35% | Feb 12, 2024 |
Financial Forecast
Revenue This Year
21.18B
from 19.31B
Increased by 9.71%
Revenue Next Year
21.78B
from 21.18B
Increased by 2.83%
EPS This Year
5.01
from 1.62
Increased by 209.48%
EPS Next Year
5.43
from 5.01
Increased by 8.28%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.7B | 22.6B | 23.0B |
| Avg | 21.2B | 21.8B | 22.2B |
| Low | 20.0B | 20.4B | 20.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.6% | 6.7% | 5.7% |
| Avg | 9.7% | 2.8% | 1.9% |
| Low | 3.7% | -3.7% | -5.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.30 | 6.78 | 7.35 |
| Avg | 5.01 | 5.43 | 5.90 |
| Low | 4.48 | 4.49 | 4.54 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 227.3% | 35.3% | 35.4% |
| Avg | 209.5% | 8.3% | 8.7% |
| Low | 176.5% | -10.5% | -16.4% |
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.