Rogers Communications (TSE:RCI – Get Free Report) was downgraded by Barclays from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.
Rogers Communications Price Performance
Rogers Communications (TSE:RCI – Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The company reported C$1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of C$1.37 by C$0.05. During the same period last year, the firm earned $1.27 EPS.
Insider Activity at Rogers Communications
In other Rogers Communications news, Director Robert Gemmell purchased 20,000 shares of Rogers Communications stock in a transaction dated Friday, December 27th. The stock was acquired at an average cost of C$43.67 per share, with a total value of C$873,396.00. Also, Director David Alan Robinson bought 675 shares of the firm’s stock in a transaction on Thursday, October 31st. The shares were bought at an average price of C$50.88 per share, for a total transaction of C$34,344.68. Following the completion of the transaction, the director now directly owns 675 shares in the company, valued at approximately C$34,344.68. This represents a ∞ increase in their position.
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