Analyst Price Target is C$60.23
▲ +53.22% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Rogers Communications in the last 3 months. The average price target is C$60.23, with a high forecast of C$77.00 and a low forecast of C$39.00. The average price target represents a 53.22% upside from the last price of C$39.31.
Current Consensus is
Moderate Buy
The current consensus among 8 polled investment analysts is to moderate buy stock in Rogers Communications. This rating has held steady since July 2024, when it changed from a Buy consensus rating.
Rogers is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Rogers' wireless business accounted for 60% of the company's total sales in 2021 and has increasingly provided a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about one fourth of total sales, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.
Read More