Cogeco Communications (TSE:CCA) Given a C$75.00 Price Target by Scotiabank Analysts

Cogeco Communications (TSE:CCA) received a C$75.00 price target from research analysts at Scotiabank in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. Scotiabank’s price target would indicate a potential upside of 14.17% from the stock’s previous close. Scotiabank also issued estimates for Cogeco Communications’ FY2026 earnings at $8.10 EPS.

A number of other research firms have also recently commented on CCA. Canaccord Genuity Group upped their price target on Cogeco Communications from C$76.00 to C$77.00 and gave the stock a “buy” rating in a research note on Friday, April 11th. Royal Bank of Canada increased their price objective on shares of Cogeco Communications from C$77.00 to C$78.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 9th. Finally, CIBC decreased their target price on Cogeco Communications from C$73.00 to C$71.00 in a research note on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Cogeco Communications currently has a consensus rating of “Moderate Buy” and a consensus target price of C$76.10.

Cogeco Communications Price Performance

CCA stock opened at C$65.69 on Thursday. The stock has a market cap of C$2.76 billion, a price-to-earnings ratio of 7.95, a price-to-earnings-growth ratio of 4.77 and a beta of 0.59. Cogeco Communications has a 52-week low of C$50.82 and a 52-week high of C$75.09. The business has a fifty day moving average of C$66.34 and a two-hundred day moving average of C$67.35. The company has a quick ratio of 0.49, a current ratio of 0.37 and a debt-to-equity ratio of 159.35.

About Cogeco Communications

Cogeco Communications Inc operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications. The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks.