Cogeco Communications (CCA) Price Target Raised to C$93.00 at CIBC

Cogeco Communications (TSE:CCA) had its price target lifted by CIBC from C$78.00 to C$93.00 in a research note published on Monday.

Other equities research analysts also recently issued research reports about the company. Macquarie downgraded Cogeco Communications from an outperform rating to a neutral rating and set a C$90.00 price objective on the stock. in a research report on Wednesday, September 20th. Scotiabank reiterated an outperform rating and issued a C$102.00 price objective on shares of Cogeco Communications in a research report on Monday, November 6th. TD Securities increased their price objective on Cogeco Communications from C$83.00 to C$87.00 and gave the stock a reduce rating in a research report on Monday, November 6th. Canaccord Genuity downgraded Cogeco Communications from a buy rating to a hold rating and increased their price objective for the stock from C$89.00 to C$93.00 in a research report on Monday, November 6th. Finally, BMO Capital Markets reiterated a market perform rating and issued a C$94.00 price objective on shares of Cogeco Communications in a research report on Monday, November 6th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. The stock has an average rating of Hold and an average target price of C$91.35.

Shares of Cogeco Communications (TSE:CCA) opened at C$82.54 on Monday. Cogeco Communications has a 12-month low of C$66.23 and a 12-month high of C$95.21. The stock has a market capitalization of $4,220.00, a price-to-earnings ratio of 13.69 and a beta of 0.71.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Community Financial News and is owned by of Community Financial News. If you are reading this piece on another publication, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The legal version of this piece can be viewed at https://www.com-unik.info/2018/01/12/cogeco-communications-cca-price-target-raised-to-c93-00-at-cibc.html.

Cogeco Communications Company Profile

Cogeco Communications Inc, formerly Cogeco Cable Inc, is a Canada-based communications company. The Company provides residential and business customers with video, Internet and telephony services through its two-way broadband fiber networks. The Company operates through three segments: Canadian broadband services, American broadband services and Business information and communications technology (Business ICT) services.

Analyst Recommendations for Cogeco Communications (TSE:CCA)

What are top analysts saying about Cogeco Communications? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Cogeco Communications and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit