(A Top Pick Sep 03/20, Up 52%) Likes telecom in general. He sold out into the Rogers bid. If the deal doesn't go through, downside might be 30% or more.
The take out price is $40.50. Thinks that risk-reward it is pretty favourable. 6-9 months to closing with a double digits return opportunity. Good odds of the deal going through. Precedent transactions with BCE taking over Manitoba Telecom and others in the states. Rogers is willing to divest wireless division. Even if the deal falls appart, the downside should not be too bad, especially with the dividend. (Analysts’ price target is $39.08)
(A Top Pick Jul 13/20, Up 59%) The takeover bid by Rogers helped them. Liked the low valuation, dividend and the sector. Did sell around these prices. Prefers to lock in profits in case something goes wrong with the deal.
Shaw Communication (B) is a Canadian stock, trading under the symbol SJR.B-T on the Toronto Stock Exchange (SJR.B-CT). It is usually referred to as TSX:SJR.B or SJR.B-T
In the last year, 9 stock analysts published opinions about SJR.B-T. 6 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Shaw Communication (B).
Shaw Communication (B) was recommended as a Top Pick by on . Read the latest stock experts ratings for Shaw Communication (B).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
9 stock analysts on Stockchase covered Shaw Communication (B) In the last year. It is a trending stock that is worth watching.
On 2022-07-07, Shaw Communication (B) (SJR.B-T) stock closed at a price of $36.94.