Goldman Sachs Starts Shaw Communications (SJR) at Neutral
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Price: $30.18 --0%
Rating Summary:
4 Buy, 7 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
4 Buy, 7 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Earlier, Goldman Sachs initiated coverage on Shaw Communications (NYSE: SJR) with a Neutral rating and $20 price target.
The firm said they are favorable on Shaw’s core asset mix given its defensive nature, but this is offset by "concerns around elevated capex, aimed at boosting Shaw's Cable/broadband offerings and countering competition from telco fiber builds."
For an analyst ratings summary and ratings history on Shaw Communications click here. For more ratings news on Shaw Communications click here.
Shares of Shaw Communications closed at $18.87 yesterday.
The firm said they are favorable on Shaw’s core asset mix given its defensive nature, but this is offset by "concerns around elevated capex, aimed at boosting Shaw's Cable/broadband offerings and countering competition from telco fiber builds."
For an analyst ratings summary and ratings history on Shaw Communications click here. For more ratings news on Shaw Communications click here.
Shares of Shaw Communications closed at $18.87 yesterday.
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