Oppenheimer analyst Timothy Horan maintained a Buy rating on Cogent Comms (NASDAQ: CCOI) yesterday. The company’s shares closed yesterday at $49.80.
According to TipRanks.com, Horan is a top 25 analyst with an average return of 17.9% and a 78.6% success rate. Horan covers the Technology sector, focusing on stocks such as Interxion Holding NV, Boingo Wireless Inc, and Limelight Networks.
Currently, the analyst consensus on Cogent Comms is a Hold with an average price target of $48.20.
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Cogent Comms’ market cap is currently $2.31B and has a P/E ratio of 216.52. The company has a Price to Book ratio of -20.18.
Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock.
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Cogent Communications Holdings, Inc. engages in the provision of internet access and Internet Protocol communications services. It offers internet access and data transport through its fiber optic, IP data-only network, ethernet transport, and colocation services.
