CIBC Lowers Cogeco Communications (CCA) Price Target to C$85.00

Cogeco Communications (TSE:CCA) had its price target cut by CIBC from C$90.00 to C$85.00 in a research report report published on Monday.

CCA has been the topic of several other reports. National Bank Financial decreased their target price on shares of Cogeco Communications from C$96.00 to C$88.00 and set a sector perform rating on the stock in a report on Friday, January 12th. BMO Capital Markets decreased their target price on shares of Cogeco Communications from C$94.00 to C$90.00 in a report on Friday, January 12th. TD Securities upgraded shares of Cogeco Communications from a reduce rating to a hold rating and set a C$87.00 target price on the stock in a report on Thursday, December 21st. Barclays decreased their target price on shares of Cogeco Communications from C$90.00 to C$86.00 in a report on Friday, January 12th. Finally, Scotiabank decreased their price objective on shares of Cogeco Communications from C$103.00 to C$95.00 and set an outperform rating on the stock in a report on Friday, January 12th. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Cogeco Communications presently has a consensus rating of Hold and an average target price of C$84.60.

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TSE:CCA opened at C$66.52 on Monday. Cogeco Communications has a 1-year low of C$66.04 and a 1-year high of C$95.21.

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About Cogeco Communications

Cogeco Communications Inc operates as a communications corporation in North America. The company operates in three segments: Canadian Broadband Services, American Broadband Services and Business Information and Communications Technology Services. It offers digital video services and programming, such as basic services, digital tier packages, pay-per-view channels, discretionary services, video-on-demand services, high definition television, 4K television, and advanced video services; Internet services; and telephony services to residential customers comprising direct international calling, international long distance plans, voicemail, and other custom calling features.

Analyst Recommendations for Cogeco Communications (TSE:CCA)

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