TD Securities Increases Cogeco (CGO) Price Target to C$115.00

Cogeco (TSE:CGO) had its price target upped by TD Securities from C$110.00 to C$115.00 in a report published on Saturday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Several other analysts also recently issued reports on CGO. CIBC upped their price target on Cogeco from C$77.00 to C$80.00 in a research note on Monday, January 14th. National Bank Financial upped their price target on Cogeco from C$80.00 to C$84.00 and gave the stock an outperform rating in a research note on Monday, January 14th. Finally, Royal Bank of Canada upped their price target on Cogeco from C$81.00 to C$82.00 in a research note on Wednesday, January 9th.

CGO opened at C$82.42 on Friday. The stock has a market cap of $1.34 billion and a PE ratio of 13.41. Cogeco has a 52-week low of C$54.93 and a 52-week high of C$84.19. The company has a quick ratio of 0.52, a current ratio of 2.37 and a debt-to-equity ratio of 155.15.

About Cogeco

Cogeco Inc, through its subsidiaries, operates in the communications and media sectors in the United States, Canada, Europe, and internationally. The company operates in two segments, Communications and Other. It provides Internet, video, and telephony services; and information technology services, including colocation, network connectivity, hosting, cloud, and a portfolio of managed services.

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