Shaw Communications (NYSE: SJR) had its price objective raised by Desjardins from C$24.00 to C$25.50 in a research report released on Tuesday morning, AnalystRatingsNetwork.com reports.
Shaw Communications (NYSE: SJR) opened at 23.70 on Tuesday. Shaw Communications has a 52-week low of $18.62 and a 52-week high of $24.96. The stock’s 50-day moving average is currently $22.63. The company has a market cap of $10.893 billion and a price-to-earnings ratio of 13.87.
The company also recently announced a monthly dividend, which is scheduled for Thursday, November 28th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.08 per share. This represents a $0.97 annualized dividend and a dividend yield of 4.10%. The ex-dividend date is Wednesday, November 13th.
Several other analysts have also recently commented on the stock. Analysts at Scotiabank raised their price target on shares of Shaw Communications from C$26.00 to C$27.00 in a research note to investors on Tuesday. They now have an outperform rating on the stock. Separately, analysts at TD Securities raised their price target on shares of Shaw Communications from C$28.00 to C$29.00 in a research note to investors on Tuesday. They now have a buy rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of Shaw Communications from $23.00 to $24.00 in a research note to investors on Thursday, June 27th. They now have a sector perform rating on the stock.
One analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of Hold and an average price target of $24.65.
Shaw Communications Inc (NYSE: SJR) is a diversified Canadian communications company.