Shaw Communications (SJR) Got Some Good News

By Jason Carr

In a report released today, Vince Valentini from TD Securities upgraded Shaw Communications (SJRResearch Report) to Buy, with a price target of C$32.00. The company’s shares closed last Monday at $13.95, close to its 52-week low of $13.72.

According to TipRanks.com, Valentini is ranked #694 out of 6212 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Shaw Communications with a $21.47 average price target.

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The company has a one-year high of $21.08 and a one-year low of $13.72. Currently, Shaw Communications has an average volume of 593.7K.

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Shaw Communications, Inc. engages in the provision of cable telecommunications and satellite video services. The company was founded by James Robert Shaw on December 9, 1966 and is headquartered in Calgary, Canada.