Cogeco (CGO) Rating Increased to Buy at TD Securities

Cogeco (TSE:CGO) was upgraded by research analysts at TD Securities from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday. The brokerage currently has a C$96.00 price target on the stock. TD Securities’ price objective suggests a potential upside of 32.51% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. Barclays reduced their target price on Cogeco from C$82.00 to C$75.00 in a research note on Friday, January 12th. CIBC reduced their target price on Cogeco from C$90.00 to C$86.00 in a research note on Friday, January 12th.

Cogeco (TSE CGO) opened at C$72.45 on Tuesday. The company has a market capitalization of $1,070.00, a price-to-earnings ratio of 11.20 and a beta of 0.62. Cogeco has a 12 month low of C$58.30 and a 12 month high of C$96.87.

Cogeco (TSE:CGO) last released its earnings results on Wednesday, January 10th. The company reported C$1.78 EPS for the quarter. The business had revenue of C$586.07 million for the quarter. Cogeco had a return on equity of 20.21% and a net margin of 13.95%.

ILLEGAL ACTIVITY WARNING: “Cogeco (CGO) Rating Increased to Buy at TD Securities” was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this report on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this report can be accessed at

About Cogeco

Cogeco Inc is a holding company, which operates in the communications and media sectors. The Company operates through two segments: Communications and Other. The Communications segment, through the Company’s subsidiary, Cogeco Communications Inc (Cogeco Communications), provides its residential and business customers with video, Internet and telephony services through its two-way broadband fiber networks.

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

Leave a Reply