Rogers Communications Inc. (RCI) Just Recorded A Sigfniciant Increase

April 22, 2018 - By Vivian Park

Rogers Communications Inc. (NYSE:RCI) Logo

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.06, from 1.02 in 2017Q3. It is negative, as 17 investors sold Rogers Communications Inc. shares while 85 reduced holdings. 28 funds opened positions while 70 raised stakes. 236.19 million shares or 0.08% more from 235.99 million shares in 2017Q3 were reported.
State Of Tennessee Treasury Department has 0.07% invested in Rogers Communications Inc. (NYSE:RCI). Ing Groep Nv has invested 0.08% in Rogers Communications Inc. (NYSE:RCI). Kistler reported 0.01% stake. Lincluden Ltd holds 2.77% or 765,295 shares in its portfolio. 1.93M were accumulated by Savings Bank Of America De. Beutel Goodman And Ltd holds 6.09% of its portfolio in Rogers Communications Inc. (NYSE:RCI) for 16.32 million shares. Exane Derivatives holds 76,300 shares. 1832 Asset Mngmt L P holds 1.44% or 8.69 million shares in its portfolio. Commonwealth Bancorporation Of invested in 0.03% or 69,465 shares. Axa reported 102,750 shares stake. Omers Administration holds 1.42% in Rogers Communications Inc. (NYSE:RCI) or 2.71M shares. Peak6 Lp holds 0% of its portfolio in Rogers Communications Inc. (NYSE:RCI) for 15,855 shares. Cibc World Mkts holds 1.14% of its portfolio in Rogers Communications Inc. (NYSE:RCI) for 4.94 million shares. Pnc Financial Services Incorporated owns 56,204 shares. Pub Sector Pension Investment Board stated it has 645,354 shares.

The stock of Rogers Communications Inc. (NYSE:RCI) is a huge mover today! The stock increased 5.11% or $2.34 during the last trading session, reaching $48.11. About 952,300 shares traded or 141.10% up from the average. Rogers Communications Inc. (NYSE:RCI) has risen 1.45% since April 22, 2017 and is uptrending. It has underperformed by 10.10% the S&P500.
The move comes after 7 months positive chart setup for the $24.11 billion company. It was reported on Apr, 22 by We have $51.96 PT which if reached, will make NYSE:RCI worth $1.93 billion more.

Rogers Communications Inc. (NYSE:RCI) Ratings Coverage

Among 3 analysts covering Rogers Communication (NYSE:RCI), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Rogers Communication had 4 analyst reports since November 17, 2017 according to SRatingsIntel. Desjardins Securities upgraded Rogers Communications Inc. (NYSE:RCI) on Monday, January 8 to “Buy” rating.

Rogers Communications Inc. operates as a communications and media firm in Canada. The company has market cap of $24.11 billion. The company's Wireless segment offers wireless telecommunications services to clients and businesses under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications. It has a 18.84 P/E ratio. This segment distributes its products through independent dealer networks, company-owned retail stores, retail chains and convenience stores, e-commerce sites, call centers and outbound telemarketing, and other distribution channels.

Rogers Communications Inc. (NYSE:RCI) Ratings Chart

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