Rogers Communications Inc. Cl B closed 35.1% below its 52-week high of C$56.55, which the company achieved on September 6th.

Rogers Communications secures a C$7B equity investment with Blackstone and Canadian investors, retaining network control.

Proceeds will be used to repay debtExpects debt leverage ratio to be reduced by 0.7x following the close of the transactionRogers will maintain

Rogers Communications Inc. Cl B closed 36.0% below its 52-week high of C$56.55, which the company achieved on September 6th.

We recently published a list of 10 Best Beaten Down Stocks to Buy According to Analysts. In this article, we are going to take a look at where Rogers Communications Inc. (NYSE:RCI) stands against other best beaten down stocks to buy according to analysts.

About Rogers Communications Inc. Rogers is Canada’s leading communications and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit rogers.com or investors.rogers.com.

Rogers Communications (TSE:RCI.B – Get Free Report) (NYSE:RCI) had its price objective dropped by TD Securities from C$64.00 to C$62.00 in a note issued to investors on Wednesday,BayStreet.CA reports.

TORONTO — Rogers Communications Inc. has revealed that a group led by U.S. investment management company Blackstone Inc. is the buyer in its proposed $7 billion sale of a minority stake in a portion of its wireless network infrastructure.