Shaw Communications Inc (SJR.B) PT Raised to C$28.00 at CIBC
Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) had its target price boosted by stock analysts at CIBC from C$27.00 to C$28.00 in a report issued on Friday, StockTargetPrices.com reports.
Other equities analysts have also recently issued research reports about the company. Barclays PLC lifted their price target on Shaw Communications from C$27.00 to C$29.00 and gave the stock an “equal weight” rating in a research note on Friday. Scotiabank reissued an “outperform” rating and issued a C$29.00 price target on shares of Shaw Communications in a research note on Friday, January 6th. Desjardins dropped their price target on Shaw Communications from C$30.00 to C$29.50 and set a “buy” rating on the stock in a research note on Thursday, November 3rd. TD Securities reissued a “buy” rating and issued a C$29.00 price target on shares of Shaw Communications in a research note on Thursday, November 3rd. Finally, Royal Bank Of Canada raised Shaw Communications from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from C$26.00 to C$29.00 in a research note on Monday. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of C$28.00.
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Shaw Communications Company Profile
Shaw Communications Inc (Shaw) is a diversified connectivity provider. The Company operates through four divisions: Consumer, Wireless, Business Network Services and Business Infrastructure Services. Under the Consumer division, the Company offers Cable telecommunications and Satellite video services to residential customers.
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