Shaw Communications (SJR.B) PT Raised to C$33.00

Shaw Communications (TSE:SJR.B) (NYSE:SJR) had its price target raised by equities research analysts at TD Securities from C$32.00 to C$33.00 in a note issued to investors on Friday. The firm currently has an “action list buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 37.04% from the company’s current price.

Other research analysts have also issued research reports about the stock. Cormark increased their target price on shares of Shaw Communications from C$30.25 to C$31.00 in a research report on Friday. CIBC increased their target price on shares of Shaw Communications from C$30.00 to C$31.00 in a research report on Friday. BMO Capital Markets decreased their target price on shares of Shaw Communications from C$28.00 to C$27.00 in a research report on Friday. National Bank Financial decreased their target price 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 report on Friday, September 21st. Finally, Royal Bank of Canada decreased their target price on shares of Shaw Communications from C$30.00 to C$29.00 and set an “outperform” rating on the stock in a research report on Monday, July 2nd. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of C$30.00.

Shares of TSE:SJR.B 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.



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.

See Also: Diversification Important in Investing

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

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