TD Securities Cuts Cogeco (TSE:CGO) Price Target to C$110.00

Cogeco (TSE:CGO) had its price objective cut by TD Securities from C$115.00 to C$110.00 in a research note issued to investors on Monday,BayStreet.CA reports. They currently have a buy rating on the stock.

Separately, CIBC decreased their target price on Cogeco from C$64.00 to C$61.00 in a research report on Friday, October 17th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Cogeco has an average rating of “Buy” and a consensus target price of C$85.50.

Cogeco Stock Performance

Shares of Cogeco stock opened at C$60.16 on Monday. Cogeco has a one year low of C$51.56 and a one year high of C$69.50. The firm has a market capitalization of C$571.46 million, a price-to-earnings ratio of 6.83, a PEG ratio of -0.28 and a beta of 0.37. The business has a 50-day simple moving average of C$60.61 and a 200 day simple moving average of C$62.32. The company has a debt-to-equity ratio of 605.15, a current ratio of 0.40 and a quick ratio of 0.51.

Cogeco Company Profile

Cogeco Inc is a telecommunications company. The company has two reportable operating segments, namely Canadian broadband services and American broadband services. The Canadian and American broadband services segments provide a wide range of Internet, video, and telephony services primarily to residential customers, as well as business services across their coverage areas.