had its target price decreased by equities research analysts at CIBC from C$64.00 to C$61.00 in a research report issued to clients and investors on Friday,
BayStreet.CA reports. CIBC's price target points to a potential downside of 1.12% from the stock's current price.
Cogeco Price Performance
Shares of CGO stock traded up C$1.63 on Friday, reaching C$61.69. 25,606 shares of the company were exchanged, compared to its average volume of 23,028. The company has a market cap of C$585.99 million, a price-to-earnings ratio of 6.76, a P/E/G ratio of -0.28 and a beta of 0.39. The business has a 50-day moving average price of C$60.17 and a 200 day moving average price of C$62.24. The company has a debt-to-equity ratio of 605.15, a quick ratio of 0.51 and a current ratio of 0.40. Cogeco has a 1 year low of C$51.56 and a 1 year high of C$69.50.
About Cogeco
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Cogeco Inc is a telecommunications company. The company has two reportable operating segments, namely Canadian broadband services and American broadband services. The Canadian and American broadband services segments provide a wide range of Internet, video, and telephony services primarily to residential customers, as well as business services across their coverage areas.
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