Shares of Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) have been given a consensus recommendation of “Hold” by the ten ratings firms that are currently covering the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is C$28.60.
A number of analysts have recently commented on SJR.B shares. TD Securities reissued a “buy” rating and issued a C$31.00 price target on shares of Shaw Communications in a research report on Monday, March 27th. Scotiabank reissued an “outperform” rating and issued a C$29.00 price target on shares of Shaw Communications in a research report on Friday, January 6th. Barclays PLC boosted 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 report on Friday, January 13th. Royal Bank of Canada reissued an “outperform” rating on shares of Shaw Communications in a research report on Sunday, January 15th. Finally, CIBC upped their price objective on Shaw Communications from C$27.00 to C$28.00 in a research report on Friday, January 13th.
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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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