Rogers Communications is facing a challenging week, with mixed analyst opinions and recent acquisitions affecting its stock performance.
Rogers Communications Inc (RCI-B.TO) has seen a slight decline of 1.94% over the past week, closing at C$43.77. The company's recent activities, including significant acquisitions and entertainment announcements, have attracted both attention and scrutiny from analysts and investors.
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Rogers Communications Inc
RCI-B.TO
RCI-B.TO
Rogers Communications Inc
WealthAwesomeMarket cap
$22.94B
P/E
3.7x
Div. yield
4.54%
Div. / share
$2.00
52W high
$54.69
52W low
$41.76
1W change
-1.94%
Beta
0.84
Analyst Price Targets
Based on analyst covering RCI-B · as of Oct 9, 2026
Wall Street analysts forecast RCI-B stock price to rise 39.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$59.14
+39.3% Upside
Previously C$59.31 on Oct 2, 2026
Current Price
C$42.46
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on RCI-B's historical volatility
30-Day Vol
23.9%
Annualized
90-Day Vol
27.5%
Annualized
Trend (90d)
-43.5%
Annualized drift
90d Mean
C$36.35
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$40.32 | C$37.13 – C$43.78 |
| 60 trading days | C$38.28 | C$34.07 – C$43.02 |
| 90 trading days | C$36.35 | C$31.51 – C$41.93 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should consider the implications of Rogers' recent acquisitions and the mixed analyst outlook as they navigate the current market conditions.
C$4.35 billion acquisition of MLSE highlights Rogers' commitment to growth.
Despite this acquisition, Rogers' stock has decreased by 15.38% over the past month, reflecting market skepticism about how well these assets will integrate and their overall value.
Bull case
Analysts remain optimistic about the stock's long-term potential, with an average target price of C$59.14, indicating a significant upside from current levels.
Bear case
Concerns about the fair value of Rogers' assets and a recent modest cut in valuations may dampen investor sentiment in the short term.
Recent Price Action
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Rogers Communications Inc closed at C$43.77, with no change in price over the last day. In the past week, the stock has declined by 1.94%, contributing to a year-to-date drop of 16.16%. This performance reflects ongoing investor concerns despite the company's strategic moves.
Company News and Catalysts
This week, Rogers made headlines by acquiring the remaining 25% stake in Maple Leaf Sports & Entertainment for C$4.35 billion. This move underscores Rogers' commitment to enhancing its media portfolio. Additionally, the company announced the return of the Backstreet Boys to Canada, which could strengthen its entertainment offerings. However, analysts have mixed feelings about these developments, leading to a modest cut in fair value assessments.
Technical Picture
From a technical standpoint, Rogers Communications is currently trading below its 50-day moving average of C$48.34 and its 200-day moving average of C$50.00, indicating a bearish trend. The stock has a 52-week range of C$41.76 to C$54.69, placing it at 16% of that range. With a beta of 0.84, the stock shows lower volatility compared to the overall market. Recent trading volume was notably high at 2,772,424 shares, which is 2.91 times the 20-day average volume of 2,392,493 shares.
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