In the meantime, Canaccord Genuity upgraded its Rogers Communications Inc [RCI] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who decreased its forecast for the stock in early April from “a Sector outperform” to “a Sector perform”. Barclays also remained covering RCI and has decreased its forecast on January 22, 2025 with a “an Equal weight” recommendation from previously “an Overweight” rating. BofA Securities revised its rating on January 14, 2025. It rated RCI as “a Neutral” which previously was an “a Buy”.
Price Performance Review of RCI
On Tuesday, Rogers Communications Inc [NYSE:RCI] saw its stock fall -1.32% to $25.43. Rogers Communications Inc shares have fallen nearly -17.25% since the year began. Nevertheless, the stocks have fallen -35.34% over the past one year. While a 52-week high of $41.84 was reached on 01/07/25, a 52-week low of $23.18 was recorded on 04/10/25. SMA at 50 days reached $26.28, while 200 days put it at $32.88.
Levels Of Support And Resistance For RCI Stock
The 24-hour chart illustrates a support level at 25.24, which if violated will result in even more drops to 25.05. On the upside, there is a resistance level at 25.73. A further resistance level may holdings at 26.04. The Relative Strength Index (RSI) on the 14-day chart is 47.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.50%. Stochastics %K at 60.18% indicates the stock is a holding.
