National Bank Financial Raises Cogeco Communications Inc. (TSE:CCA) Price Target to C$96.00

Cogeco Communications Inc. (TSE:CCA) had its price objective lifted by National Bank Financial from C$92.00 to C$96.00 in a report issued on Tuesday, November 7th. The firm currently has a sector perform rating on the stock.

CCA has been the topic of a number of other reports. TD Securities lifted their target price 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. Royal Bank Of Canada boosted their target price on Cogeco Communications from C$76.00 to C$81.00 and gave the stock a sector perform rating in a report on Tuesday, July 11th. BMO Capital Markets boosted their price objective on shares of Cogeco Communications from C$82.00 to C$84.00 and gave the stock a market perform rating in a research report on Monday, July 17th. Desjardins cut shares of Cogeco Communications from a buy rating to a hold rating and upped their target price for the company from C$79.00 to C$87.50 in a research report on Tuesday, July 11th. Finally, Macquarie cut 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. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. Cogeco Communications has an average rating of Hold and a consensus price target of C$91.17.

Cogeco Communications (TSE:CCA) traded down C$0.34 on Tuesday, reaching C$91.79. The company had a trading volume of 41,902 shares, compared to its average volume of 109,259. Cogeco Communications has a 12-month low of C$63.64 and a 12-month high of C$95.21.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 30th will be paid a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 2.07%. This is a boost from Cogeco Communications’s previous quarterly dividend of $0.43. The ex-dividend date is Wednesday, November 15th. Cogeco Communications’s payout ratio is presently 21.39%.

COPYRIGHT VIOLATION NOTICE: This news story was published by BBNS and is the property of of BBNS. If you are viewing this news story on another website, it was illegally copied and republished in violation of U.S. & international copyright & trademark laws. The original version of this news story can be read at https://baseballnewssource.com/markets/cogeco-communications-inc-cca-price-target-increased-to-c96-00-by-analysts-at-national-bank-financial/1763210.html.

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.

Analyst Recommendations for Cogeco Communications (TSE:CCA)

Receive News & Ratings for Cogeco Communications Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cogeco Communications Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Manny Machado Could Change Positions or Uniforms
Manny Machado Could Change Positions or Uniforms
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Yankees and Marlins Continue Stanton Trade Talks
Yankees and Marlins Continue Stanton Trade Talks
Marlins Making Moves, Trade Dee Gordon to Seattle
Marlins Making Moves, Trade Dee Gordon to Seattle
Report: Astros Dallas Keuchel Pitched With Injured Foot
Report: Astros Dallas Keuchel Pitched With Injured Foot


Leave a Reply

 
© 2006-2017 BBNS.