Cogeco (CGO) Price Target Increased to C$115.00 by Analysts at TD Securities

Cogeco (TSE:CGO) had its price target lifted by TD Securities from C$110.00 to C$115.00 in a report issued on Saturday, BayStreet.CA reports. They currently have a buy rating on the stock.

Other research analysts have also issued research reports about the company. National Bank Financial boosted their price target on Cogeco from C$80.00 to C$84.00 and gave the stock an outperform rating in a research report on Monday, January 14th. CIBC boosted their price target on Cogeco from C$77.00 to C$80.00 in a research report on Monday, January 14th. Finally, Royal Bank of Canada boosted their price target on Cogeco from C$81.00 to C$82.00 in a research report on Wednesday, January 9th.

Shares of CGO stock opened at C$82.36 on Friday. The company has a quick ratio of 0.52, a current ratio of 2.37 and a debt-to-equity ratio of 155.15. Cogeco has a 1 year low of C$54.93 and a 1 year high of C$84.19. The firm has a market cap of $1.18 billion and a price-to-earnings ratio of 13.40.

Cogeco Company Profile

Cogeco Inc, through its subsidiaries, operates in the communications and media sectors in the United States, Canada, Europe, and internationally. The company operates in two segments, Communications and Other. It provides Internet, video, and telephony services; and information technology services, including colocation, network connectivity, hosting, cloud, and a portfolio of managed services.

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