Shaw Communications (TSE:SJR.B) (NYSE:SJR) had its target price cut by Scotiabank from C$29.00 to C$28.00 in a research report sent to investors on Friday morning. They currently have a sector perform rating on the stock.
Several other research firms have also recently issued reports on SJR.B. TD Securities upgraded shares of Shaw Communications from a buy rating to an action list buy rating and set a C$34.00 target price for the company in a research note on Friday. 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 for the company in a research note on Friday. Echelon Wealth Partners upgraded shares of Shaw Communications from a hold rating to a buy rating in a research note on Friday, October 27th. National Bank Financial decreased their target price on shares of Shaw Communications from C$30.00 to C$29.00 and set a sector perform rating for the company in a research note on Friday, October 27th. Finally, Desjardins decreased their target price on shares of Shaw Communications from C$30.50 to C$30.00 in a research note on Friday. One research analyst has rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of C$29.10.
Shaw Communications (TSE:SJR.B) traded up C$0.15 on Friday, hitting C$27.21. 1,680,000 shares of the company traded hands, compared to its average volume of 978,824. Shaw Communications has a 1 year low of C$26.48 and a 1 year high of C$30.44. The firm has a market cap of $13,620.00, a PE ratio of 23.26 and a beta of 0.62.
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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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