* **Increased Stake:** Vest Financial LLC significantly increased its stake in Rogers Communications Inc. during the second quarter. * **Details of the Increase:** The increase was 36.3%, bringing their total ownership to 12,250 shares. * **Acquisition Strategy:** Vest Financial LLC’s acquisition strategy appears to be focused on acquiring shares of companies within the Wireless communications sector.
Get Rogers Communications alerts: Wall Street Analyst Weigh In Several analysts have weighed in on the stock. Canaccord Genuity Group cut shares of Rogers Communications from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. StockNews.com upgraded shares of Rogers Communications from a “sell” rating to a “hold” rating in a research note on Thursday, July 11th. Finally, Canaccord Genuity Group reiterated a “hold” rating and issued a $57.00 price objective (down previously from $59.00) on shares of Rogers Communications in a research note on Thursday, July 25th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $51.50.
Rogers Communications is a Canadian multinational telecommunications company. It provides a wide range of services, including wireless, cable, and internet. The company operates in Canada, the United States, and the Caribbean. Rogers Communications has a strong track record of dividend payments, with a history of consistent dividend growth.
Rogers Communications Inc. is a Canadian multinational telecommunications company. It is one of the largest providers of wireless, cable, and internet services in Canada. The company operates in various sectors, including broadcasting, media, and telecommunications.
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