Should you wait for Shaw stock to close?
That said, there is a meaningful valuation gap between where Shaw stock trades and where the ultimate offer price is. Accordingly, investors who are patient and able to wait for this deal to close could pocket a decent double-digit annualized gain to wait.
Should you buy Shaw stock or Rogers stock right now?
Accordingly, I think owning Shaw stock or Rogers stock in this environment is a solid bet. Both companies are well-positioned competitively. And right now, Shaw stock provides some rather lucrative arbitrage-based upside.
What happens to Shaw shares if Rogers takes over Bell?
If the deal doesn't happen, Shaw shares will get hit hard. Best to take profits now and don't wait for the exact Rogers' price. Then, wait to see if the deal goes through; if it doesn't, you can buy back those shares. The takeover pleasantly surprised him, but the shares don't reflect the Bell offer (which is pending approval).
Should you buy Shaw communication (B) Stock?
Stockchase rating for Shaw Communication (B) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
What is Shaw Communication (B) stock symbol?
Shaw Communication (B) is a Canadian stock, trading under the symbol SJR.B-T on the Toronto Stock Exchange (undefined). It is usually referred to a...
Is Shaw Communication (B) a buy or a sell?
In the last year, 14 stock analysts published opinions about SJR.B-T. 8 analysts recommended to BUY the stock. 6 analysts recommended to SELL the s...
Is Shaw Communication (B) a good investment or a top pick?
Shaw Communication (B) was recommended as a Top Pick by null on null. Read the latest stock experts ratings for Shaw Communication (B).
Why is Shaw Communication (B) stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should b...
Is Shaw Communication (B) worth watching?
14 stock analysts on Stockchase covered Shaw Communication (B) In the last year. It is a trending stock that is worth watching.
What is Shaw Communication (B) stock price?
On 2022-05-26, Shaw Communication (B) (SJR.B-T) stock closed at a price of $36.245.
Why does my stock price drop?
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.
What is Shaw Communication?
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
What does a B score mean on Shaw?
Stockchase rating for Shaw Communication (B) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Is Shaw Communication a trending stock?
15 stock analysts on Stockchase covered Shaw Communication (B) In the last year. It is a trending stock that is worth watching.
Is Shaw trading 24%?
They participate in the spread when the deal is announced. Shaw is trading 24% the price Rogers has offered. This is due to the fear of regulatory intervention. Thinks that the real concern is on the wireless side, and this deal works without the wireless side. They can divest Shaw's wireless side and still be a good deal. Thinks there is a 85% chance of the deal going through. (Analysts’ price target is $37.92)
Is Shaw stock a good bet?
Accordingly, I think owning Shaw stock or Rogers stock in this environment is a solid bet. Both companies are well-positioned competitively. And right now, Shaw stock provides some rather lucrative arbitrage-based upside.
Is there a valuation gap between Shaw stock and the ultimate offer price?
That said, there is a meaningful valuation gap between where Shaw stock trades and where the ultimate offer price is . Accordingly, investors who are patient and able to wait for this deal to close could pocket a decent double-digit annualized gain to wait.
Is Shaw a bullish sign?
I think the fact that Shaw has been targeted for an acquisition is a bullish sign for telecom investors, generally. Indeed, the consolidation this deal provides should result in Rogers being able to eat away at some of the market share of its peers. Rogers is a highly diversified telecom player with large investments in the sports business. However, those looking to invest in this sector who want a truly national player will note that this deal provides Rogers with greater coast-to-coast coverage.
