The leading market experts have placed a mean price target of $43.58 on Rogers Communication, Inc. (NYSE:RCI) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.55 a share for the upcoming quarter and $2.25 for the current fiscal.
The technical analysis of Rogers Communication, Inc. Comm plainly substantiates that the 50-day moving average of Rogers Communication, Inc. Comm is $43.89, and stock is trading $-2.03 points away or -4.63% from its 50-day moving average of $43.89. Further it is trading $1.69 or +4.21% away its 200-day moving average of $40.17. Rogers Communication, Inc. (NYSE:RCI) 52-week high is $45.50 and the 52-week low is $32.50.
This explains if the stock moves $-3.64, it will post a 52-week high. In event of +28.80% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Rogers Communication, Inc. Comm, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Rogers Communication, Inc. (NYSE:RCI) ratio came in at 19.89.
The stock last ended the trading session at $41.86 and registered a market cap of $21.55B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Rogers Communication, Inc. (NYSE:RCI) PEG ratio is at 7.30.
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