In a new note to investors yesterday, an analyst has provided a rating update for the Services sector company, Cogeco Commun (CCA). Desjardins’ analyst Maher Yaghi reiterates their Buy rating on the shares, with a C$81 price target.
According to TipRanks.com, Yaghi is a 4-star analyst with an average return of 5.4% and a 65.0% success rate. Yaghi covers the Technology sector, focusing on stocks such as Rogers Communication, CGI Group, and BCE Inc.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cogeco Commun with a C$78.25 average price target.
The company has a one-year high of C$91.65 and a one-year low of C$61.68. Currently, Cogeco Commun has an average volume of 84.3K.
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 Tuesday at C$64.12, close to its 52-week low of C$61.68.
