Rogers Communications (RCI) Poised to Unlock Value From Sports Assets, TD Cowen Reaffirms Buy

Core Insights - Rogers Communications Inc. is recognized as one of the top telecom stocks to invest in, with TD Cowen reaffirming a Buy rating and a price target of $64, highlighting the potential value in the company's sports assets [1] Financial Performance - In Q3 2025, Rogers Communications reported revenues of C$5.34 billion, marking a 4% increase year-over-year, with services revenue also up by 4% to C$4.7 billion [3] Sports Asset Valuation - The gross valuation of Rogers Communications' sports teams is estimated at $13.9 billion, which includes full ownership of the Blue Jays and 75% ownership of MLSE. After accounting for a 25% holding company/tax reduction, the adjusted value is approximately $10.5 billion [2]