How Many Shaw Communications Inc. (NYSE:SJR)’s Analysts Are Bearish?

January 19, 2018 - By Winifred Garcia

 How Many Shaw Communications Inc. (NYSE:SJR)'s Analysts Are Bearish?

Shaw Communications Inc. (NYSE:SJR) Ratings Coverage

Among 6 analysts covering Shaw Comms (NYSE:SJR), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Shaw Comms had 11 analyst reports since October 20, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Thursday, April 6 by Citigroup. The firm has “Sector Perform” rating given on Friday, October 23 by RBC Capital Markets. The firm has “Equal-Weight” rating given on Tuesday, April 5 by Barclays Capital. RBC Capital Markets maintained it with “Sector Perform” rating and $25 target in Thursday, December 17 report. The firm has “Outperform” rating by Macquarie Research given on Tuesday, October 20. Barclays Capital maintained it with “Equal-Weight” rating and $22 target in Friday, October 27 report. RBC Capital Markets upgraded the stock to “Outperform” rating in Monday, January 9 report. The firm earned “Equal Weight” rating on Friday, October 23 by Barclays Capital. Below is a list of Shaw Communications Inc. (NYSE:SJR) latest ratings and price target changes.

12/01/2018 Broker: Barclays Capital Rating: Hold New Target: $23.0
11/01/2018 Broker: Canaccord Genuity Rating: Hold New Target: $28.0
05/12/2017 Broker: Bank of America Rating: Hold New Target: $25.0
27/10/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $21 New Target: $22 Maintain

The stock decreased 0.28% or $0.06 during the last trading session, reaching $21.59. About 528,174 shares traded. Shaw Communications Inc. (NYSE:SJR) has risen 13.56% since January 19, 2017 and is uptrending. It has underperformed by 3.14% the S&P500.

Shaw Communications Inc. operates as a diversified communications firm in Canada and the United States. The company has market cap of $10.68 billion. The firm operates through Consumer, Business Network Services, Business Infrastructure Services, and Wireless divisions. It has a 15.43 P/E ratio. The Consumer segment provides cable telecommunications services, including video, Internet, WiFi and phone, and satellite video services.

More notable recent Shaw Communications Inc. (NYSE:SJR) news were published by: Nasdaq.com which released: “Shaw Communications (SJR) Q1 Earnings: What’s in Store?” on January 09, 2018, also Fool.ca with their article: “3 Reasons I’m Considering Shaw Communications Inc.” published on January 18, 2018, Nasdaq.com published: “Here’s Why You Should Sell Shaw Communications (SJR) Now” on December 28, 2017. More interesting news about Shaw Communications Inc. (NYSE:SJR) were released by: Nasdaq.com and their article: “Shaw Communications (SJR) Q1 Earnings Miss, Revenues Meet” published on January 12, 2018 as well as Globenewswire.com‘s news article titled: “City partners with Shaw to expand public’s access to free Wi-Fi” with publication date: January 19, 2018.

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