TD Securities upgraded shares of Cogeco Communications (TSE:CCA) from a hold rating to a buy rating in a research note released on Tuesday, March 6th. TD Securities currently has C$89.00 target price on the stock.
CCA has been the topic of a number of other reports. Scotiabank restated an outperform rating and set a C$102.00 price target on shares of Cogeco Communications in a research note on Monday, November 6th. CIBC cut their price target on Cogeco Communications from C$93.00 to C$90.00 in a research note on Sunday, January 14th. Barclays cut their price target on Cogeco Communications from C$90.00 to C$86.00 in a research note on Friday, January 12th. National Bank Financial raised their price objective on Cogeco Communications from C$92.00 to C$96.00 and gave the stock a sector perform rating in a report on Tuesday, November 7th. Finally, BMO Capital Markets reiterated a market perform rating and set a C$94.00 price target on shares of Cogeco Communications in a research report on Monday, November 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. Cogeco Communications has a consensus rating of Hold and an average target price of C$88.95.
Cogeco Communications (TSE CCA) opened at C$71.99 on Tuesday. The stock has a market capitalization of $3,530.00, a price-to-earnings ratio of 11.78 and a beta of 0.52. Cogeco Communications has a fifty-two week low of C$68.69 and a fifty-two week high of C$95.21.
About Cogeco Communications
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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