Shaw Communications (TSE:SJR.B) (NYSE:SJR) had its target price hoisted by TD Securities from C$32.00 to C$33.00 in a research note issued to investors on Friday morning. TD Securities currently has an action list buy rating on the stock.

Several other research firms also recently commented on SJR.B. National Bank Financial reduced their price target on shares of Shaw Communications from C$28.00 to C$27.00 and set a sector perform rating on the stock in a research note on Friday, September 21st. Royal Bank of Canada reduced their price target on shares of Shaw Communications from C$30.00 to C$29.00 and set an outperform rating on the stock in a research note on Monday, July 2nd. BMO Capital Markets reduced their price target on shares of Shaw Communications from C$28.00 to C$27.00 in a research note on Friday. CIBC raised their price target on shares of Shaw Communications from C$30.00 to C$31.00 in a research note on Friday. Finally, Cormark raised their price target on shares of Shaw Communications from C$30.25 to C$31.00 in a research note on Friday. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Shaw Communications presently has an average rating of Buy and an average price target of C$30.00.

Shaw Communications stock opened at C$24.08 on Friday. Shaw Communications has a 12-month low of C$24.31 and a 12-month high of C$30.44.

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 30th. Investors of record on Tuesday, October 30th will be paid a $0.0988 dividend. This represents a $1.19 annualized dividend and a yield of 4.92%. The ex-dividend date is Friday, October 12th.

About Shaw Communications

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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Analyst Recommendations for Shaw Communications (TSE:SJR.B)

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