Rogers Comms downgraded by Canaccord Genuity
$RCI
Cable & Other Pay Television Services
Telecommunications
Canaccord Genuity downgraded Rogers Comms from Buy to Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/22/2025 | Overweight → Equal Weight | Barclays | |
| 1/14/2025 | Buy → Neutral | BofA Securities | |
| 12/16/2024 | Underweight | Morgan Stanley | |
| 7/25/2024 | Buy → Hold | Canaccord Genuity | |
| 11/10/2023 | Hold → Buy | Desjardins | |
| 9/15/2023 | Sector Perform → Outperform | RBC Capital Mkts | |
| 5/8/2023 | $55.00 | Overweight | Barclays |
| 4/3/2023 | Buy → Hold | Desjardins |
Barclays downgraded Rogers Comms from Overweight to Equal Weight
BofA Securities downgraded Rogers Comms from Buy to Neutral
Morgan Stanley resumed coverage of Rogers Comms with a rating of Underweight
MARKHAM, ON, Dec. 2, 2024 /CNW/ - Xplore Inc., a leading provider of high-speed broadband services in rural communities across Canada, today announced the appointment of Brent Johnston as its new Chief Executive Officer (CEO), effective immediately. Geoff Lowe, Xplore's Chief Financial Officer (CFO), who recently has also served as Interim CEO, has been promoted to President & Chief Financial Officer. Johnston brings deep experience in the Canadian telecommunications industry. He previously served as President of Wireless Services, Rogers Communications ((TSX, NYSE:RCI), and s
TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Company"), in accordance with Toronto Stock Exchange requirements, announced the voting results from its Annual and Special Meeting of Shareholders (meeting) held earlier today. Shareholders voted for all items of business put forth at today's meeting, those being the election of the director nominees, the appointment of KPMG LLP as the Company's auditors and the adoption of the Directors' Restricted Share Unit Plan. A total of 108,987,262 Class A Voting shares, representing approximately 98.05% of the Company's issued and outstanding Class A Voting shares, were voted in connection with the elect
VANCOUVER, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Rogers Communications Inc. announced today it is the proud presenting sponsor of Taylor Swift | The Eras Tour in Vancouver. Swift will be performing on December 6, 7 and 8, 2024, at BC Place and the company will be giving away premium seats for fans across Canada. "We couldn't be more excited to be a part of bringing Taylor Swift | The Eras Tour to Vancouver, giving fans the experience of a lifetime," said Terrie Tweddle, Chief Brand and Communications Officer, Rogers. "Rogers is all about connecting Canadians and bringing them the best content and best experiences, and Taylor is simply the best." In addition to Vancouver, R
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TORONTO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- The final game of the NHL's 4 Nations Face-Off airs tonight and Canadians are gearing up for a battle that transcends hockey. A new Rogers survey shows the matchup is more than just a hockey game. More than three-quarters (78%) of Canadians believe hockey is core to Canada's national identity and 75% say that Canada's national pride is deeply intertwined with the sport. Roughly 60% of Canadians aware of the tournament say a Canada victory would be even more meaningful given the threats to Canada's economy and economic sovereignty. And four in 10 say a victory will increase their pride in Canada. Tonight, Canada and the United States will face of
TORONTO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Rogers Communications announced today that it has been awarded Canada's most reliable wireless network by Opensignal, a global leader in independent network benchmarking. "We continually invest in Canada's largest wholly owned 5G network so Canadians can connect when and where they want," said Mark Kennedy, Chief Technology Officer, Rogers. "We're proud to be recognized by Opensignal as Canada's most reliable wireless network." Opensignal's study shows that in Canada Rogers holds the top spot for reliability and quality in wireless networks. Rogers also won on 5G Upload Speed and 5G Video Experience, making Rogers the most awarded network by
Proceeds from 50/50 Raffle to Help Make Hockey More Accessible in QuebecRogers, NHL, and NHLPA Jointly Contribute First $50,000 to 50/50 JackpotRaffle Open to All Adults in Quebec from February 11 to 15 MONTREAL, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Rogers Communications, the National Hockey League (NHL), and the National Hockey League Players' Association (NHLPA) today announced the launch of the 4 Nations Face-Off 50/50 presented by Rogers. Cumulative proceeds from the raffle will benefit Sun Youth, a Montreal-based organization dedicated to supporting children and families in need. Rogers, the NHL, and the NHLPA have kickstarted the 50/50 jackpot with a joint $50,000 contribution, encour
Rogers tops $20 billion in annual revenue in 2024 as more Canadians choose Rogers Wireless and Internet than any other carrier in Canada Led all Canadian carriers with combined mobile phone and Internet net additions of 623,000 in 2024Delivered service revenue growth of 7% and adjusted EBITDA growth of 12%; over $3 billion in free cash flow1 and $4 billion in capital expenditures in Canadian economy in 2024 Q4 caps our third straight year of delivering industry-leading financial and operating performance led by continued disciplined loading and efficiency gains Wireless service revenue up 2% and adjusted EBITDA up 6% Net postpaid and prepaid phone additions of 95,000Margin u
TORONTO, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX:RCI) (NYSE:RCI) ("Rogers") announced that its Board of Directors (the "Board") declared a quarterly dividend totaling 50 cents per share (the "Quarterly Dividend") on each of its outstanding Class B Non-Voting shares ("Class B Shares") and Class A Voting shares. The declared Quarterly Dividend will be paid on April 2, 2025 to shareholders of record on March 10, 2025. Such quarterly dividends are only payable as and when declared by the Board and there is no entitlement to any dividend prior thereto. Shareholders may elect to have cash dividends on their shares reinvested in additional Class B Shares in
More Canadians continue to choose Rogers Wireless and Internet than any other carrier in Canada Combined mobile phone and Internet net additions of 227,000 in Q3 and 502,000 for the year to dateQ3 postpaid mobile phone net additions of 101,000; prepaid net additions of 93,000; retail Internet net additions of 33,000Rogers has added industry-best 1.9 million mobile phone and Internet net additions over the past 11 quarters Continued disciplined loading, strong execution, efficiency gains, industry-leading financial performance, and industry-best margins Wireless service revenue up 2% and adjusted EBITDA up 5%; margin up 220 basis points to 66%; blended ARPU stableCable revenue down 1%; adj
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