RBC Capital Remains a Hold on Cogeco Commun (CCA)


Shares of Cogeco Commun (CCA) were revisited by a Wall Street analyst yesterday. Analyst Drew Mcreynolds from RBC Capital reiterated a Hold rating, with a C$89 price target.

Mcreynolds has an average return of 3.3% when recommending Cogeco Commun.

According to TipRanks.com, Mcreynolds is ranked #1490 out of 5233 analysts.

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Currently, the analyst consensus on Cogeco Commun is a Moderate Buy with an average price target of C$87.29.

Cogeco Commun’s market cap is currently C$4.2B and has a P/E ratio of 12.2. The company has a Price to Book ratio of 2.05.

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 Monday at C$85.11.

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