CIBC Boosts Cogeco Communications (TSE:CCA) Price Target to C$71.00

Cogeco Communications (TSE:CCA) had its target price boosted by stock analysts at CIBC from C$68.00 to C$71.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. CIBC’s price target would indicate a potential downside of 2.97% from the company’s previous close.

A number of other analysts also recently commented on the company. BMO Capital Markets dropped their price objective on Cogeco Communications from C$75.00 to C$70.00 in a report on Friday, October 31st. Scotiabank lifted their price objective on Cogeco Communications from C$74.00 to C$74.25 and gave the company a “sector perform” rating in a research note on Monday, January 12th. TD Securities increased their target price on shares of Cogeco Communications from C$95.00 to C$100.00 and gave the stock a “buy” rating in a research report on Friday. National Bankshares raised their price target on shares of Cogeco Communications from C$66.00 to C$71.00 in a report on Friday. Finally, Desjardins set a C$71.00 price objective on shares of Cogeco Communications and gave the stock a “hold” rating in a research report on Monday, January 12th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Cogeco Communications presently has an average rating of “Hold” and an average target price of C$76.03.

Cogeco Communications Stock Up 3.3%

Shares of TSE:CCA opened at C$73.17 on Friday. The stock’s 50-day moving average price is C$66.84 and its two-hundred day moving average price is C$65.85. The company has a current ratio of 0.37, a quick ratio of 0.49 and a debt-to-equity ratio of 159.35. Cogeco Communications has a 12-month low of C$59.10 and a 12-month high of C$74.39. The firm has a market cap of C$3.07 billion, a price-to-earnings ratio of 10.01, a PEG ratio of 4.77 and a beta of 0.65.

Cogeco Communications (TSE:CCA) last issued its quarterly earnings results on Wednesday, January 14th. The company reported C$2.11 EPS for the quarter. The firm had revenue of C$707.25 million during the quarter. Cogeco Communications had a net margin of 11.68% and a return on equity of 11.56%. On average, research analysts forecast that Cogeco Communications will post 8.4900498 EPS for the current year.

More Cogeco Communications News

Here are the key news stories impacting Cogeco Communications this week:

• Positive Sentiment: TD Securities raised its price target from C$95 to C$100 and reiterated a “buy” rating, implying roughly 36% upside vs. the recent price — a clear bullish catalyst. TD Securities raises target to C$100
• Positive Sentiment: Q1 2026 results released: EPS C$2.11, revenue C$707.25M, net margin 11.68% and ROE 11.56% — results that support the outlook and likely underpinned buying. Cogeco Q1 2026 results Press release / slide deck
• Neutral Sentiment: A valuation/market note reviewed recent share momentum and analyst targets, offering context but no new operational news — useful for investors assessing whether the rally is valuation-driven. Valuation check article
• Negative Sentiment: CIBC raised its target from C$68 to C$71, but that target remains ~3% below the recent trade — the raise is modest and the below-market target could cap upside from some institutional holders. CIBC raises target to C$71
• Negative Sentiment: National Bankshares raised its target from C$66 to C$71; like CIBC’s move, the new target sits slightly below current levels, reflecting mixed analyst views on near-term upside. National Bankshares raises target to C$71 TickerReport coverage

Cogeco Communications Company Profile

Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides residential and business customers with internet, video, and telephony services with broadband fibre networks. The reportable segments of the company are Canadian broadband services and American broadband services. In internet services, the company offers internet packages with download speeds of up to 120mbps. In video services, the company provides digital tier services, pay-per-view channels, video on-demand services, and 4k television, and telephony services include using internet protocol to transport digitized voice signals.