Breaking News

Monday
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Upgrade
Rogers Communications raised to Action List Buy at TD after recent weakness » 08:36
08/08/22
08/08
08:36
08/08/22
08:36
RCI

Rogers Communications

$43.23 /

-0.735 (-1.67%)

, BCE

BCE

$49.27 /

-0.525 (-1.05%)

, TU

Telus

$22.36 /

-0.15 (-0.67%)

As previously reported,…

As previously reported, TD Securities analyst Vince Valentini upgraded Rogers Communications (RCI) to Action List Buy from Buy with a price target of C$83, up from C$80. He has lowered the interest rate assumption embedded in his price target calculation to 2.70% from 2.95%, which has pushed up his target by C$3 with virtually no forecast changes except shifting 3800 spectrum auction costs to Q4 of 2023 from Q1, noted Valentini. He also cites recent share-price weakness, noting that the valuation discount between Rogers B shares and its key peers BCE (BCE) and Telus (TU) has reached "almost all-time high levels," which he views as "extremely short-sighted and unjustified."

ShowHide Related Items >><<
TU Telus
$22.36 /

-0.15 (-0.67%)

RCI Rogers Communications
$43.23 /

-0.735 (-1.67%)

BCE BCE
$49.27 /

-0.525 (-1.05%)

RCI Rogers Communications
$43.23 /

-0.735 (-1.67%)

08/08/22 TD Securities
Rogers Communications upgraded to Action List Buy from Buy at TD Securities
07/29/22 Desjardins
Rogers Communications price target lowered to C$79 from C$80 at Desjardins
07/28/22 Canaccord
Rogers Communications price target lowered to C$67 from C$68 at Canaccord
07/28/22 RBC Capital
Rogers Communications price target lowered to C$73 from C$75 at RBC Capital
BCE BCE
$49.27 /

-0.525 (-1.05%)

08/05/22 TD Securities
BCE price target raised to C$67 from C$65 at TD Securities
08/05/22 Scotiabank
BCE price target raised to C$68.50 from C$68 at Scotiabank
08/05/22 Barclays
BCE price target raised to $51 from $49 at Barclays
07/22/22 Canaccord
BCE price target lowered to C$66 from C$70 at Canaccord
TU Telus
$22.36 /

-0.15 (-0.67%)

06/28/22 Scotiabank
Telus assumed with an Outperform at Scotiabank (yesterday)
06/17/22 BMO Capital
Telus price target lowered to C$36 from C$37 at BMO Capital
06/17/22 TD Securities
LifeWorks downgraded to Tender from Buy at TD Securities
06/17/22 TD Securities
Telus upgraded to Buy after LifeWorks deal at TD Securities
TU Telus
$22.36 /

-0.15 (-0.67%)

RCI Rogers Communications
$43.23 /

-0.735 (-1.67%)

BCE BCE
$49.27 /

-0.525 (-1.05%)

RCI Rogers Communications
$43.23 /

-0.735 (-1.67%)

RCI Rogers Communications
$43.23 /

-0.735 (-1.67%)

Over a week ago
Recommendations
BCE price target raised to C$67 from C$65 at TD Securities » 12:43
08/05/22
08/05
12:43
08/05/22
12:43
BCE

BCE

$48.85 /

-0.94 (-1.89%)

TD Securities analyst…

TD Securities analyst Vince Valentini raised the firm's price target on BCE to C$67 from C$65 and keeps a Hold rating on the shares.

ShowHide Related Items >><<
BCE BCE
$48.85 /

-0.94 (-1.89%)

BCE BCE
$48.85 /

-0.94 (-1.89%)

08/05/22 Scotiabank
BCE price target raised to C$68.50 from C$68 at Scotiabank
08/05/22 Barclays
BCE price target raised to $51 from $49 at Barclays
07/22/22 Canaccord
BCE price target lowered to C$66 from C$70 at Canaccord
06/28/22 Scotiabank
BCE resumed with an Outperform at Scotiabank (yesterday)
BCE BCE
$48.85 /

-0.94 (-1.89%)

Recommendations
BCE price target raised to C$68.50 from C$68 at Scotiabank » 12:33
08/05/22
08/05
12:33
08/05/22
12:33
BCE

BCE

$48.95 /

-0.84 (-1.69%)

Scotiabank analyst Maher…

Scotiabank analyst Maher Yaghi raised the firm's price target on BCE to C$68.50 from C$68 and keeps an Outperform rating on the shares.

ShowHide Related Items >><<
BCE BCE
$48.95 /

-0.84 (-1.69%)

BCE BCE
$48.95 /

-0.84 (-1.69%)

08/05/22 Barclays
BCE price target raised to $51 from $49 at Barclays
07/22/22 Canaccord
BCE price target lowered to C$66 from C$70 at Canaccord
06/28/22 Scotiabank
BCE resumed with an Outperform at Scotiabank (yesterday)
05/09/22 Desjardins
BCE price target raised to C$70 from C$68 at Desjardins
BCE BCE
$48.95 /

-0.84 (-1.69%)

Recommendations
BCE price target raised to $51 from $49 at Barclays » 05:33
08/05/22
08/05
05:33
08/05/22
05:33
BCE

BCE

$49.78 /

+0.225 (+0.45%)

Barclays analyst Kannan…

Barclays analyst Kannan Venkateshwar raised the firm's price target on BCE to $51 from $49 and keeps an Equal Weight rating on the shares. Bell Canada's wireless momentum is a "supportive valuation driver," but while wireline broadband growth is fine, fixed investments are increasingly proving necessary to retain and grow share, Venkateshwar tells investors in a research note.

ShowHide Related Items >><<
BCE BCE
$49.78 /

+0.225 (+0.45%)

BCE BCE
$49.78 /

+0.225 (+0.45%)

07/22/22 Canaccord
BCE price target lowered to C$66 from C$70 at Canaccord
06/28/22 Scotiabank
BCE resumed with an Outperform at Scotiabank (yesterday)
05/09/22 Desjardins
BCE price target raised to C$70 from C$68 at Desjardins
05/06/22 Canaccord
BCE price target lowered to C$70 from C$71 at Canaccord
BCE BCE
$49.78 /

+0.225 (+0.45%)

Earnings
BCE backs 2022 adjusted EPS growth view 2%-7%, consensus $2.65 » 08:08
08/04/22
08/04
08:08
08/04/22
08:08
BCE

BCE

$49.55 /

-0.245 (-0.49%)

Backs 2022 revenue growth…

Backs 2022 revenue growth view of 1%-5%, consensus $18.81B.

ShowHide Related Items >><<
BCE BCE
$49.55 /

-0.245 (-0.49%)

BCE BCE
$49.55 /

-0.245 (-0.49%)

07/22/22 Canaccord
BCE price target lowered to C$66 from C$70 at Canaccord
06/28/22 Scotiabank
BCE resumed with an Outperform at Scotiabank (yesterday)
05/09/22 Desjardins
BCE price target raised to C$70 from C$68 at Desjardins
05/06/22 Canaccord
BCE price target lowered to C$70 from C$71 at Canaccord
BCE BCE
$49.55 /

-0.245 (-0.49%)

Earnings
BCE reports Q2 adjusted EPS 87c, consensus 65c » 08:07
08/04/22
08/04
08:07
08/04/22
08:07
BCE

BCE

$49.55 /

-0.245 (-0.49%)

Reports Q2 revenue…

Reports Q2 revenue $5.86M, consensus $4.57B. "The Bell team continues to deliver for all the stakeholders we serve. Q2 marked another quarter of consistent operational execution, demonstrating that our strategy to reach more Canadians in communities large and small across our footprint with the best network technologies, as well as our efforts to champion the customer experience is the right approach to move us forward," said CEO Mirko Bibic. "We continue to see momentum in wireless with 110,761 mobile phone net subscriber activations and strong service revenue growth. Our retail Internet net activations were also up 27.9% with 8% residential Internet revenue growth...By the end of the year, we will have invested $14B since 2020, including planned capital expenditures of approximately $5B for 2022, the highest amount ever by a Canadian telecom company in both a single year and over a three-year cycle. These massive investments are going towards our fibre-to-the-home and 5G wireless core networks, ongoing expansion into rural and remote communities, as well as on boosting capacity and ensuring resiliency."

ShowHide Related Items >><<
BCE BCE
$49.55 /

-0.245 (-0.49%)

BCE BCE
$49.55 /

-0.245 (-0.49%)

07/22/22 Canaccord
BCE price target lowered to C$66 from C$70 at Canaccord
06/28/22 Scotiabank
BCE resumed with an Outperform at Scotiabank (yesterday)
05/09/22 Desjardins
BCE price target raised to C$70 from C$68 at Desjardins
05/06/22 Canaccord
BCE price target lowered to C$70 from C$71 at Canaccord
BCE BCE
$49.55 /

-0.245 (-0.49%)

Recommendations
BCE price target lowered to C$66 from C$70 at Canaccord » 10:21
07/22/22
07/22
10:21
07/22/22
10:21
BCE

BCE

$48.97 /

+0.015 (+0.03%)

Canaccord analyst…

Canaccord analyst Aravinda Galappatthige lowered the firm's price target on BCE to C$66 from C$70 and keeps a Hold rating on the shares.

ShowHide Related Items >><<
BCE BCE
$48.97 /

+0.015 (+0.03%)

BCE BCE
$48.97 /

+0.015 (+0.03%)

06/28/22 Scotiabank
BCE resumed with an Outperform at Scotiabank (yesterday)
05/09/22 Desjardins
BCE price target raised to C$70 from C$68 at Desjardins
05/06/22 Canaccord
BCE price target lowered to C$70 from C$71 at Canaccord
05/06/22 RBC Capital
BCE price target raised to C$70 from C$69 at RBC Capital
BCE BCE
$48.97 /

+0.015 (+0.03%)

Over a month ago
Initiation
BCE resumed with an Outperform at Scotiabank (yesterday) » 09:17
06/28/22
06/28
09:17
06/28/22
09:17
BCE

BCE

$49.33 /

+0.265 (+0.54%)

Scotiabank analyst Maher…

Scotiabank analyst Maher Yaghi resumed coverage of BCE with an Outperform rating and C$68 price target. The analyst yesterday morning assumed coverage on 10 telecommunications and cable companies, both in Canada and the United States. He expects low-single-digit growth in Canada in 2022 and 2023, but says companies with higher wireless exposure should fare better. Yaghi is bullish on the Canadian wireless market, despite feeling it is too early to make an investment decision based on wireline technology. In the United States, valuations are not as elevated versus historical averages compared to Canada, likely due to the U.S. market's bigger pool of defensive investment vehicles, Yaghi told investors in a research note. He sees good prospects for U.S. stocks in terms of pricing, even in wireless, "potentially offering growth after many years of being under pressure."

ShowHide Related Items >><<
BCE BCE
$49.33 /

+0.265 (+0.54%)

BCE BCE
$49.33 /

+0.265 (+0.54%)

05/09/22 Desjardins
BCE price target raised to C$70 from C$68 at Desjardins
05/06/22 Canaccord
BCE price target lowered to C$70 from C$71 at Canaccord
05/06/22 RBC Capital
BCE price target raised to C$70 from C$69 at RBC Capital
04/26/22 Canaccord
BCE downgraded to Hold from Buy at Canaccord
BCE BCE
$49.33 /

+0.265 (+0.54%)

Hot Stocks
ESE enters multi-year partnership with Dome Productions » 07:35
06/23/22
06/23
07:35
06/23/22
07:35
BCE

BCE

$48.00 /

-0.445 (-0.92%)

, RCI

Rogers Communications

$47.03 /

-0.13 (-0.28%)

ESE Entertainment…

ESE Entertainment announced that it has entered into a memorandum of agreement with Dome Productions, a media production company jointly owned by Bell Media (BCE) and Rogers Media (RCI). Pursuant to the partnership, ESE and Dome will leverage their respective relationships and industry contacts to collaborate on several productions during each of the three years of the term. Further, ESE will provide Dome with the first right of refusal for ESE's North American broadcast facilities, while Dome will provide preferred pricing, access to engineering design, and technical workflow support.

ShowHide Related Items >><<
RCI Rogers Communications
$47.03 /

-0.13 (-0.28%)

BCE BCE
$48.00 /

-0.445 (-0.92%)

BCE BCE
$48.00 /

-0.445 (-0.92%)

05/09/22 Desjardins
BCE price target raised to C$70 from C$68 at Desjardins
05/06/22 Canaccord
BCE price target lowered to C$70 from C$71 at Canaccord
05/06/22 RBC Capital
BCE price target raised to C$70 from C$69 at RBC Capital
04/26/22 Canaccord
BCE downgraded to Hold from Buy at Canaccord
RCI Rogers Communications
$47.03 /

-0.13 (-0.28%)

06/21/22 Canaccord
Rogers Communications upgraded to Buy from Hold at Canaccord
05/18/22 National Bank
Shaw upgraded to Outperform from Sector Perform at National Bank
05/09/22 TD Securities
Rogers Communications price target lowered to C$80 from C$87 at TD Securities
05/06/22 Morgan Stanley
Shaw Communications named 'Catalyst Driven Idea' at Morgan Stanley
RCI Rogers Communications
$47.03 /

-0.13 (-0.28%)

BCE BCE
$48.00 /

-0.445 (-0.92%)

RCI Rogers Communications
$47.03 /

-0.13 (-0.28%)

RCI Rogers Communications
$47.03 /

-0.13 (-0.28%)

Hot Stocks
OverActive Media, Bell announce multiyear extension of partnership » 07:41
06/02/22
06/02
07:41
06/02/22
07:41
OAMCF

OverActive Media

/

+

, BCE

BCE

$54.20 /

-0.265 (-0.49%)

OverActive Media (OAMCF)…

OverActive Media (OAMCF) and Bell (BCE) announced the renewal and expansion of their partnership, first established in 2019, for an additional three years. The multi-year extension further connects Bell to esports fans and reinforces its engagement with the gaming community in Canada. In addition to providing gamers with the fastest Internet technology, Bell is levelling up its esports investment alongside OverActive in the following ways: Bell acting as presenting partner of OverActive's largescale esports events including Toronto Ultra Major III this month and the Toronto Defiant Summer Showdown in September. The Bell Fibe Zone, a top-tier professional esports practice facility within OverActive's Toronto-based headquarters that is fully powered by Bell pure fibre Internet. Producing branded content, including OverActive's top-performing series "Bell presents The Blueprint," which provides a behind-the-scenes look at Toronto Ultra as they experience the trials and tribulations of the Call of Duty League season. Jersey and broadcast branding integration for both Toronto Ultra and Toronto Defiant.

ShowHide Related Items >><<
OAMCF OverActive Media
/

+

OAMCF OverActive Media
/

+

01/07/22 TD Securities
OverActive Media initiated with a Speculative Buy at TD Securities
BCE BCE
$54.20 /

-0.265 (-0.49%)

05/09/22 Desjardins
BCE price target raised to C$70 from C$68 at Desjardins
05/06/22 Canaccord
BCE price target lowered to C$70 from C$71 at Canaccord
05/06/22 RBC Capital
BCE price target raised to C$70 from C$69 at RBC Capital
04/26/22 Canaccord
BCE downgraded to Hold from Buy at Canaccord
BCE BCE
$54.20 /

-0.265 (-0.49%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.