RCI Similar Chart Price Prediction
The price of RCI is predicted to go up -16.3%, based on the high correlation periods with CRDL. The similarity of these two price pattern on the periods is 95.65%.
RCI
CRDL
Down: -16.3%Similarity: 95.65%
RCI Revenue Forecast
RCI EPS Forecast
RCI FAQs
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RCI VS S&P500
With the Canadian wireless market less penetrated than the US and Europe and the country receptive to immigrants and foreign workers, wireless subscriber growth should remain high. As the industry leader, Rogers is well positioned.
Rogers still has significant margin expansion opportunity ahead as it continues realizing efficiencies with Shaw.
The company's media unit is worth far more than the market is giving it credit for. If that continues, Rogers can sell some assets to create significant value.
RCI Analyst's Forecast
Kannan Venkateshwar
Barclays
Buy → Hold
2025-01-21
Price Target
n/a
Downside
0%
Barclays downgraded Rogers Communications to Equal Weight from Overweight with a price target of $27, down from $46. The Canadian telecom operating environment "may continue to see headwinds for a while and stretched balance sheets leave little room for error," the analyst tells investors in a research note. The firm says Bell and Telus have been forced to respond to wireless promotions but have also cut prices in wireline broadband to put pressure on Rogers and Quebecor, leading to a price war in both wireless and wireline. Barclays believes there is now the added complication of structurally lower immigration volumes, which have been a material industry growth driver.
Vince Valentini
TD Securities
Strong Buy
2024-09-19
Price Target
$73 → $74
Upside
+85.65%
Tim Casey
BMO Capital
Buy
2024-09-19
Price Target
$67 → $70
Upside
+75.61%
