Citigroup Raised Weatherford Intl Plc (WFT) Holding; Rogers Communications Inc. (TSE:RCI.B) Had 3 Analysts Last Week

September 10, 2017 - By Marie Mckinney

Among 6 analysts covering Rogers Communications Inc. (TSE:RCI.B), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Rogers Communications Inc. had 48 analyst reports since July 24, 2015 according to SRatingsIntel. Scotia Capital maintained the shares of RCI.B in report on Tuesday, September 29 with “Sector Outperform” rating. As per Tuesday, October 18, the company rating was maintained by RBC Capital Markets. The company was upgraded on Friday, December 11 by National Bank Canada. Scotia Capital maintained Rogers Communications Inc. (TSE:RCI.B) on Wednesday, June 15 with “Outperform” rating. The rating was maintained by JP Morgan on Wednesday, April 19 with “Neutral”. IBC downgraded Rogers Communications Inc. (TSE:RCI.B) on Wednesday, April 5 to “Neutral” rating. The rating was maintained by BMO Capital Markets on Wednesday, April 19 with “Outperform”. The stock of Rogers Communications Inc. (TSE:RCI.B) earned “Outperform” rating by Scotia Capital on Wednesday, January 18. See Rogers Communications Inc. (TSE:RCI.B) latest ratings:

21/07/2017 Broker: Barclays Capital Rating: Old Target: $63.00 New Target: $70.00 Target Up
21/07/2017 Broker: BMO Capital Markets Rating: Old Target: $67.00 New Target: $70.00 Target Up
21/07/2017 Broker: IBC Rating: Neutral Old Target: $62.00 New Target: $65.00 Target Up
21/07/2017 Broker: JP Morgan Rating: Neutral Old Target: $62.00 New Target: $69.00 Target Up
21/07/2017 Broker: RBC Capital Markets Rating: Sector Perform Old Target: $61.00 New Target: $65.00 Target Up
21/07/2017 Broker: Scotia Capital Rating: Outperform Old Target: $70.00 New Target: $71.50 Target Up
21/07/2017 Broker: TD Securities Rating: Action List Buy Old Target: $69.00 New Target: $72.00 Target Up
29/05/2017 Broker: Scotia Capital Rating: Outperform Old Target: $66.00 New Target: $70.00 Target Up
20/04/2017 Broker: Barclays Capital Rating: Old Target: $57.00 New Target: $63.00 Target Up
19/04/2017 Broker: BMO Capital Markets Rating: Outperform New Target: $67.00 Maintain

Citigroup Inc increased Weatherford Intl Plc (WFT) stake by 218.68% reported in 2016Q4 SEC filing. Citigroup Inc acquired 1.27 million shares as Weatherford Intl Plc (WFT)’s stock declined 8.25%. The Citigroup Inc holds 1.84M shares with $9.20M value, up from 578,500 last quarter. Weatherford Intl Plc now has $3.94 billion valuation. The stock decreased 2.45% or $0.1 on September 8, reaching $3.98. About 14.31M shares traded. Weatherford International Plc (NYSE:WFT) has risen 2.15% since September 10, 2016 and is uptrending. It has underperformed by 14.55% the S&P500.

The stock increased 0.96% or $0.61 on September 8, reaching $64.43. About 632,278 shares traded or 3.34% up from the average. Rogers Communications Inc. (TSE:RCI.B) has 0.00% since September 10, 2016 and is . It has underperformed by 16.70% the S&P500.

Rogers Communications Inc. is a communications and media company. The company has market cap of $32.78 billion. The Firm provides wireless communications services, and cable television, Internet, information technology and telephony services to clients and businesses. It has a 32.69 P/E ratio. The Company’s divisions include Wireless, Cable, Business Solutions and Media.

Citigroup Inc decreased Fiat Chrysler Automobiles N stake by 2.63M shares to 2.53 million valued at $23.05 million in 2016Q4. It also reduced Skechers U S A Inc (NYSE:SKX) stake by 23,323 shares and now owns 89,977 shares. Eqt Corp (Put) (NYSE:EQT) was reduced too.

Among 30 analysts covering Weatherford International Ltd. (NYSE:WFT), 23 have Buy rating, 1 Sell and 6 Hold. Therefore 77% are positive. Weatherford International Ltd. had 86 analyst reports since July 24, 2015 according to SRatingsIntel. Oppenheimer maintained the stock with “Outperform” rating in Friday, July 24 report. The firm has “Buy” rating given on Thursday, May 19 by Citigroup. Citigroup maintained the shares of WFT in report on Wednesday, October 5 with “Buy” rating. Credit Suisse maintained the stock with “Outperform” rating in Friday, September 4 report. RBC Capital Markets maintained Weatherford International Plc (NYSE:WFT) on Friday, September 1 with “Buy” rating. The rating was maintained by Howard Weil on Thursday, October 27 with “Sector Perform”. As per Wednesday, November 2, the company rating was downgraded by Raymond James. Barclays Capital upgraded the shares of WFT in report on Monday, June 6 to “Overweight” rating. Jefferies maintained it with “Hold” rating and $600 target in Friday, July 7 report. On Thursday, August 3 the stock rating was maintained by BMO Capital Markets with “Outperform”.

Investors sentiment decreased to 1.11 in 2016 Q4. Its down 0.63, from 1.74 in 2016Q3. It worsened, as 46 investors sold WFT shares while 88 reduced holdings. 56 funds opened positions while 118 raised stakes. 1.03 billion shares or 35.98% more from 760.43 million shares in 2016Q3 were reported. Tide Point Cap Lp owns 3.24 million shares. Parallax Volatility Advisers Lp holds 0% or 60,754 shares in its portfolio. Peoples Financial Svcs holds 0% of its portfolio in Weatherford International Plc (NYSE:WFT) for 100 shares. Arga Invest Management LP has 13.52 million shares for 15.05% of their portfolio. Kcg Holdg has 0.01% invested in Weatherford International Plc (NYSE:WFT). 49,917 are held by World Asset Mngmt Incorporated. First Allied Advisory Ser Inc holds 41,716 shares or 0.01% of its portfolio. M&T Fincl Bank holds 0% or 102,531 shares in its portfolio. Fjarde Ap reported 0.03% in Weatherford International Plc (NYSE:WFT). 25,815 are owned by Northwestern Mutual Wealth. Vanguard Group Inc Incorporated stated it has 78.55 million shares or 0.02% of all its holdings. Jefferies Gp Limited Liability Com reported 0.01% in Weatherford International Plc (NYSE:WFT). Next Fincl reported 0% in Weatherford International Plc (NYSE:WFT). Macquarie Group Limited has invested 0% in Weatherford International Plc (NYSE:WFT). Pine River Capital Management Limited Partnership holds 0.36% or 1.63M shares in its portfolio.