Strong Wireless Growth Continues to Drive Rogers Communications Inc.
Rogers Communications' (NYSE: RCI) wireless division was once again the star of its quarterly results. Revenue in the segment jumped 5% while adjusted operating profit rose 9%, due in part to achieving the best subscriber metrics in eight years. That strong showing, when combined with the Canadian telecom giant's solid performance earlier this year, led the company to boost its full-year guidance.
Note: All figures in Canadian dollars.
Metric
Source: Fool.com
Rogers Communications B Stock
€35.60
0.570%
Based on 4 Buy predictions and 3 Sell predictions the sentiment towards Rogers Communications B is rather balanced.
As a result the target price of 45 € shows a positive potential of 26.4% compared to the current price of 35.6 € for Rogers Communications B.
