Trading Report: Today, Scotiabank Reaffirmed “Outperform” Rating for Shaw Communications Inc (SJR.B)

Today, Scotiabank Reaffirmed “Outperform” Rating for Shaw Communications Inc (SJR.B)

Scotiabank reissued their outperform rating on shares of Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) in a research note released on Tuesday morning. They currently have a C$29.00 target price on the stock.

A number of other research analysts have also recently commented on SJR.B. Desjardins increased their target price on shares of Shaw Communications from C$28.00 to C$30.00 in a report on Thursday, August 11th. Barclays PLC upped their price objective on Shaw Communications from C$26.00 to C$27.00 and gave the company an equal weight rating in a research note on Thursday, November 3rd. Finally, TD Securities reaffirmed a buy rating and issued a C$29.00 price objective on shares of Shaw Communications in a research note on Thursday, November 3rd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Shaw Communications presently has a consensus rating of Buy and a consensus target price of C$27.06.

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