Other equities research analysts have also recently issued reports about the stock. Scotiabank reduced their target price on shares of Cogeco Communications to C$112.50 in a report on Friday. CIBC cut shares of Cogeco Communications from an outperform rating to a neutral rating in a report on Wednesday, June 29th. Canaccord Genuity Group reduced their target price on shares of Cogeco Communications from C$120.00 to C$96.00 in a report on Friday. BMO Capital Markets reduced their target price on shares of Cogeco Communications from C$130.00 to C$120.00 in a report on Friday. Finally, National Bank Financial cut shares of Cogeco Communications to a sector perform rating in a report on Friday. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of Hold and a consensus price target of $118.21.
Cogeco Communications Price Performance
Shares of OTCMKTS:CGEAF opened at $63.50 on Monday. The company has a 50-day simple moving average of $73.65 and a 200-day simple moving average of $78.66. Cogeco Communications has a one year low of $63.50 and a one year high of $92.58.
Cogeco Communications Company Profile
Cogeco Communications Inc operates as a communications corporation in North America. It operates in two segments, Canadian Broadband Services and American Broadband Services. The company offers Internet, video, and telephony services to residential and business customers through its two-way broadband fiber networks.
- Get a free copy of the StockNews.com research report on Cogeco Communications (CGEAF)
- MarketBeat Podcast: You CAN Make Money In a Bear Market, Here’s How !
- Three (3) Undervalued Dividend-Paying Tech Stocks
- These 3 Stocks Won’t Trade Under $100 For Long
- When You Silence the Noise, AMD Stock Still Offers Strong Fundamentals
- Should you buy Bank of America Stock After Its Q2 Earnings Report?
Receive News & Ratings for Cogeco Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cogeco Communications and related companies with MarketBeat.com's FREE daily email newsletter.