Cogeco (TSE:CGO - Free Report) had its price target cut by TD Securities from C$110.00 to C$106.00 in a report released on Monday, BayStreet.CA reports. They currently have a buy rating on the stock.
Separately, CIBC boosted their price objective on shares of Cogeco from C$57.00 to C$58.00 and gave the company a neutral rating in a research note on Tuesday, December 19th.
Check Out Our Latest Report on CGO
Cogeco Stock Performance
CGO traded up C$0.24 during trading on Monday, hitting C$53.48. The stock had a trading volume of 14,830 shares, compared to its average volume of 22,925. The company has a debt-to-equity ratio of 137.99, a quick ratio of 0.51 and a current ratio of 0.63. The firm has a market capitalization of C$429.98 million, a P/E ratio of 13.20, a PEG ratio of -0.28 and a beta of 0.26. The company's 50-day moving average price is C$57.06 and its 200 day moving average price is C$54.01. Cogeco has a twelve month low of C$44.62 and a twelve month high of C$62.49.
Cogeco (TSE:CGO - Get Free Report) last announced its quarterly earnings data on Thursday, April 11th. The company reported C$2.33 earnings per share (EPS) for the quarter. The company had revenue of C$751.91 million for the quarter. Cogeco had a net margin of 2.06% and a return on equity of 9.44%. On average, equities research analysts forecast that Cogeco will post 10.1988848 EPS for the current fiscal year.
Cogeco Company Profile
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Cogeco Inc, through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company operates in two segments, Canadian Telecommunications and American Telecommunications. It provides a range of Internet, video, and phone services through advanced fibre optic and two-way telecommunications distribution networks primarily to residential customers, as well as business services under the Cogeco Connexion name in Quebec and Ontario; and Breezeline brand in the United States.
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