Cogeco Communications (TSE:CCA) had its target price dropped by BMO Capital Markets from C$94.00 to C$90.00 in a report issued on Friday. BMO Capital Markets’ target price would suggest a potential upside of 11.79% from the stock’s previous close.
Other equities analysts also recently issued research reports about the stock. CIBC lifted their price target on shares of Cogeco Communications from C$78.00 to C$93.00 in a report on Monday, January 8th. Barclays boosted their target price on shares of Cogeco Communications from C$80.00 to C$90.00 in a report on Monday, November 6th. TD Securities boosted their target price on shares of Cogeco Communications from C$87.00 to C$89.00 and gave the stock a “hold” rating in a report on Friday. Canaccord Genuity downgraded shares of Cogeco Communications from a “buy” rating to a “hold” rating and boosted their target price for the stock from C$89.00 to C$93.00 in a report on Monday, November 6th. Finally, Macquarie downgraded shares of Cogeco Communications from an “outperform” rating to a “neutral” rating and set a C$90.00 target price on the stock. in a report on Wednesday, September 20th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. Cogeco Communications has an average rating of “Hold” and an average price target of C$89.25.
Cogeco Communications (CCA) opened at C$80.51 on Friday. Cogeco Communications has a 1-year low of C$66.99 and a 1-year high of C$95.21. The firm has a market cap of $3,990.00, a P/E ratio of 13.31 and a beta of 0.71.
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.
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