Report
Alex Zhao
EUR 147.86 For Business Accounts Only

We Are Relaunching Coverage of Rogers Communications With a CAD 45 FVE and Narrow Moat Rating

We are relaunching coverage of Rogers Communications with a CAD 45 ($35) fair value estimate and narrow moat and stable moat trend ratings. Rogers faces several challenges, including continued regulatory pressure and increasing aggression from phone rival BCE. Nonetheless, we believe it can leverage its established scale and network advantages to generate consistent excess returns on capital over time.
Wireless is Rogers’ largest and most profitable business, as the firm controls about one third...
Underlying
Rogers Communications Inc. Class B

Rogers Communications is a holding company operating as a communications and media company. Co. has four segments: Wireless, which provides wireless telecommunications operations; Cable, which provides cable telecommunications, including internet, television, and telephony services; Business Solutions, which provides network connectivity through its fibre network and data centre assets to support voice, data, networking, hosting, and cloud-based services for businesses, governments, and other telecommunications providers; and Media, which consist of media properties, including television and radio broadcasting, shopping, publishing, sports media and entertainment, and digital media.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Alex Zhao

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