RBC cuts Rogers Communications stock target from CAD 60.00 to CAD 58.00
Published on 10/20/2026 at 18:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target cut
- RBC cut its Rogers Communications target from CAD 60.00 to CAD 58.00 on October 16, 2026.
- Rogers plans to release third-quarter 2026 results on October 23, 2026.
- Rogers Communications stock costs EUR 28.65 at Lang & Schwarz on October 20, 2026, with RCI.B up 1.41 percent on the TSX.
- Rogers has a CAD 24.5 billion market capitalization and a 3.92 price-to-earnings ratio.
RBC cut its Rogers Communications stock target from CAD 60.00 to CAD 58.00 on October 16, 2026, while keeping an Outperform rating, MarketScreener reported. The new target stands 28.09 percent above the TSX price of CAD 45.28. At Lang & Schwarz, the euro quote was EUR 28.65 on October 20, 2026 at 8:43 p.m. CEST; RCI.B was up 1.41 percent on the TSX from CAD 44.65.
Results arrive October 23
Rogers plans to release its third-quarter 2026 financial results before North American markets open on October 23, 2026, and will hold its investor call at 8:00 a.m. ET, Rogers Communications said on September 28, 2026. The date gives investors a near-term test for wireless growth, cable performance and the cost burden from the company sports portfolio.
Stock stays inside its range
Rogers traded between CAD 41.76 and CAD 56.27 over the latest 52-week period, putting the TSX price CAD 3.52, or 8.43 percent, above the low and CAD 10.99, or 19.53 percent, below the high. Its market capitalization was CAD 24.5 billion, with a price-to-earnings ratio of 3.92 and volume of 332,956 shares on October 20, 2026.
Revenue sets the next test
In the second quarter of 2026, Rogers reported revenue of CAD 5.62 billion and net income attributable to common shareholders of negative CAD 726.0 million. The company generated CAD 1.52 billion in operating cash flow and spent CAD 738.0 million on property and equipment in that period.
MarketBeat said analysts expected third-quarter revenue of USD 3.78 billion and earnings of USD 0.86 per share, compared with second-quarter revenue of USD 3.95 billion and earnings of USD 0.83 per share. The different reporting currencies mean the estimates are a separate reference from the Canadian figures.
Canadian quote and valuation
On the TSX, Rogers was at CAD 45.28 on October 20, 2026 at 12:46 p.m. EDT. The upcoming report and the lower RBC target place the next decision points in the same week.
The further course of trading is shown by the continuously updated real-time quote of Rogers Communications stock.
Rogers Communications market facts
- Company: Rogers Communications Inc.
- ISIN: CA7751092007
- Ticker: RCI.B
- Primary exchange: TSX
- Price Lang & Schwarz (as of October 20, 2026, 8:43 p.m. CEST): EUR 28.65
- Change on the TSX: plus 1.41 percent
- TSX price (October 20, 2026, 12:46 p.m. EDT): CAD 45.28
- Market capitalization: CAD 24.5 billion (as of October 20, 2026)
- 52-week range: CAD 41.76-CAD 56.27 (as of October 20, 2026)
- Sector / Industry: Wireless Telecommunications Services
- Next earnings date: October 23, 2026
Market context: Market report S&P/TSX Composite.
