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Rogers Communication Inc. (RCI) [hlAlert]

Rating:
Buy RCI
down 14.76 %

Rogers Communication Inc. (RCI) upgraded to Buy by BofA/Merrill

Posted on: Friday,  Jul 26, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy Rogers Communication Inc. (NYSE: RCI) on 07/26/2013, when the stock price was $40.30. Since
then, Rogers Communication Inc. has lost 14.76% as of 08/27/2015's recent price of $34.35.
If you would have followed this BofA/Merrill's recommendation on RCI, you would have lost 14.76% of your investment in 762 days.

Rogers Communications Inc. is a diversified Canadian communications and media company. The Company is engaged in wireless voice and data communications services through Rogers Wireless, a wireless provider and the operator of the national Global System for Mobile Communications/High-Speed Packet Access (GSM/HSPA) based network in Canada. Through Rogers Cable, the Company a provider of cable television services, as well as high-speed Internet access, telephony services and video retailing. On June 12, 2008, the Company acquired 100% of the outstanding shares of Aurora Cable TV Limited (Aurora Cable). On July 31, 2008, the Company acquired the remaining two-thirds of the shares of Outdoor Life Network (OLN). On April 30, 2008, it acquired the assets of Vancouver multicultural television station channel m, from from Multivan Broadcast Corporation.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2013 8:25 AM Buy
None
40.30
as of 12/13/2013
1 Week down  -1.18 %
1 Month down  -0.91 %
3 Months up  6.02 %
1 YTD up  12.15 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2013 8:25 AM Hold
None
46.46
9/12/2012 8:25 AM Buy
None
41.74

(*) Stock Price at the time of the recommendation.
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