Cogeco Commun (TSX: CCA), the Services sector company was revisited on July 16, yet the Wall Street analyst remains currently on the sidelines. Analyst Maher Yaghi from Desjardins remains neutral on the stock and has a C$87 price target.
Yaghi has an average return of 27.7% when recommending Cogeco Commun.
According to TipRanks.com, Yaghi is ranked #1481 out of 4840 analysts.
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Cogeco Commun has an analyst consensus of Moderate Buy, with a price target consensus of C$82, representing a 15.6% upside. In a report issued on July 12, RBC Capital also reiterated a Hold rating on the stock with a C$82 price target.
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Cogeco Commun’s market cap is currently C$3.5B and has a P/E ratio of 10. The company has a Price to Book ratio of 1.83.
Cogeco Communications, Inc. is a telecommunications company, which is a hybrid fibre coaxial cable operator in Ontario and Quebec. It provides cable television, high speed Internet, telephony, managed information technology and infrastructure and other telecommunications services.
The company’s shares closed on Wednesday at C$70.93.
