Cogeco Inc. SV (CGO) Gets a Buy Rating from TD Securities


A Wall Street analyst has provided a review for the Services company today, but retained the same rating on the stock. Analyst Vince Valentini from TD Securities rated Cogeco Inc. SV (CGO) a Buy, setting a C$105 price target.

Valentini has an average return of 29.4% when recommending Cogeco Inc. SV.

According to TipRanks.com, Valentini is ranked #1428 out of 5141 analysts.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cogeco Inc. SV with a C$89 average price target.

Based on Cogeco Inc. SV’s latest earnings release for the quarter ending November 30, the company reported a quarterly net profit of C$26.17 million. In comparison, last year the company had a net profit of C$29.53 million.

Cogeco, Inc. operates as a diversified holding company, which engages in providing cable television, Internet, telephony and other telecommunications services to residential and commercial customers in Canada. It operates through the following segments: Communications and Other.

The company’s shares closed on Monday at C$67.30.

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