Cogeco Communications (OTCMKTS:CGEAF – Get Free Report) is expected to be releasing its resultson Thursday, April 9th. Analysts expect Cogeco Communications to post earnings of $1.48 per share and revenue of $505.85 million for the quarter.
Cogeco Communications Stock Performance
OTCMKTS CGEAF opened at $50.60 on Thursday. The stock’s 50-day moving average price is $51.37 and its two-hundred day moving average price is $48.78. Cogeco Communications has a 1 year low of $44.61 and a 1 year high of $56.01.
Wall Street Analyst Weigh In
CGEAF has been the topic of several analyst reports. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Cogeco Communications in a research report on Friday, January 16th. BMO Capital Markets restated a “market perform” rating on shares of Cogeco Communications in a research report on Friday, January 16th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of Cogeco Communications in a research note on Monday, January 12th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Cogeco Communications has a consensus rating of “Hold”.
Cogeco Communications Company Profile
Cogeco Communications Inc is a Canadian telecommunications company that provides broadband internet, cable television and telephony services to both residential and business customers. The company’s operations are structured around two primary networks: its Canadian footprint serving markets across Ontario and Quebec, and Atlantic Broadband, its U.S. cable subsidiary operating in several states along the East Coast. Leveraging a combination of fiber-optic and hybrid fiber-coaxial infrastructure, Cogeco Communications delivers high-speed internet access, digital video, voice-over-IP and managed network solutions.
Founded in 1957 and headquartered in Montreal, Quebec, Cogeco Communications has expanded through organic growth and strategic acquisitions.
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