A Wall Street analyst has provided a review for the Services company yesterday, but retained the same rating on the stock. Analyst Maher Yaghi from Desjardins remains bullish on Cogeco Commun (CCA) and has a C$87 price target.
According to TipRanks.com, Yaghi is a 4-star analyst with an average return of 6.6% and a 73.4% success rate. Yaghi covers the Technology sector, focusing on stocks such as CGI Group, BCE Inc, and Telus.
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Currently, the analyst consensus on Cogeco Commun is a Moderate Buy with an average price target of C$83.60, representing a 2.3% upside. In a report released yesterday, Canaccord Genuity also reiterated a Buy rating on the stock with a C$86 price target.
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The company has a one-year high of C$76.89 and a one-year low of C$61.68. Currently, Cogeco Commun has an average volume of 82.35K.
Cogeco Communications, Inc. is a telecommunications company, which engages in operating hybrid fibre coaxial cable in Ontario and Quebec. The company operates through the following three segments: Canadian Broadband Services, American Broadband Services and Business ICT Services.
The company’s shares closed on Wednesday at C$81.76.
