Cogeco Communications (CCA) Price Target Lowered to C$90.00 at CIBC

Cogeco Communications (TSE:CCA) had its price objective decreased by equities research analysts at CIBC from C$93.00 to C$90.00 in a report issued on Sunday. CIBC’s price target would suggest a potential upside of 11.79% from the company’s current price.

A number of other research firms also recently weighed in on CCA. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$94.00 price target on shares of Cogeco Communications in a research note on Monday, November 6th. TD Securities raised shares of Cogeco Communications from a “reduce” rating to a “hold” rating and set a C$87.00 price target on the stock in a research note on Thursday, December 21st. National Bank Financial upped their price target on shares of Cogeco Communications from C$92.00 to C$96.00 and gave the stock a “sector perform” rating in a research note on Tuesday, November 7th. Scotiabank reaffirmed an “outperform” rating and issued a C$102.00 price target on shares of Cogeco Communications in a research note on Monday, November 6th. Finally, Barclays decreased their price objective on shares of Cogeco Communications from C$90.00 to C$86.00 in a report on Friday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. Cogeco Communications has a consensus rating of “Hold” and a consensus price target of C$88.95.

Cogeco Communications (TSE:CCA) opened at C$80.51 on Friday. Cogeco Communications has a one year low of C$66.99 and a one year high of C$95.21. The firm has a market cap of $3,990.00, a price-to-earnings ratio of 13.31 and a beta of 0.71.

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Cogeco Communications Company Profile

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)

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