Canaccord Genuity analyst Aravinda Galappatthige maintained a Buy rating on Shaw Communications (NYSE:SJR) Inc on Thursday, setting a price target of C$27, which is approximately 7.64% above the present share price of $18.84.
Galappatthige expects Shaw Communications Inc to post earnings per share (EPS) of $0.35 for the third quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Shaw Communications, with an average price target of $21.9.
The analysts price targets range from a high of $26 to a low of $18.78.
In its latest earnings report, released on 05/31/2020, the company reported a quarterly revenue of $1.31 billion and a net profit of $307 million. The company's market cap is $9.78 billion.
According to TipRanks.com, Canaccord Genuity analyst Aravinda Galappatthige is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.3% and a 54.74% success rate.
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.