Cogeco (CGO) Stock Forecast & Price Target

C$53.32
-0.44 (-0.82%)
(As of 05/17/2024 ET)

Cogeco Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 2 Analyst Ratings

Analysts' Consensus Price Target

C$82.00
53.79% Upside
High ForecastC$106.00
Average ForecastC$82.00
Low ForecastC$58.00
TypeCurrent Forecast
5/19/23 to 5/18/24
1 Month Ago
4/19/23 to 4/18/24
3 Months Ago
2/18/23 to 2/18/24
1 Year Ago
5/19/22 to 5/19/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$82.00C$82.00C$75.00C$84.50
Predicted Upside53.79% Upside55.49% Upside46.31% Upside47.57% Upside
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CGO Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CGO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Cogeco Stock vs. The Competition

TypeCogecoCommunication Services Companies
Consensus Rating Score
2.50
2.50
Consensus RatingModerate BuyHold
News Sentiment RatingNeutral News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/15/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuyC$110.00 ➝ C$106.00+99.10%
12/19/2023CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutralC$57.00 ➝ C$58.00+11.05%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:14 PM ET.

CGO Price Target - Frequently Asked Questions

What is Cogeco's consensus rating and price target?

According to the issued ratings of 2 analysts in the last year, the consensus rating for Cogeco stock is Moderate Buy based on the current 1 hold rating and 1 buy rating for CGO. The average twelve-month price prediction for Cogeco is C$82.00 with a high price target of C$106.00 and a low price target of C$58.00. Learn more on CGO's analyst rating history.

Do Wall Street analysts like Cogeco more than its competitors?

Analysts like Cogeco more than other Communication Services companies. The consensus rating for Cogeco is Moderate Buy while the average consensus rating for communication services companies is Hold. Learn more on how CGO compares to other companies.

Does Cogeco's stock price have much upside?

According to analysts, Cogeco's stock has a predicted upside of 55.49% based on their 12-month stock forecasts.

What analysts cover Cogeco?

Cogeco has been rated by TD Securities in the past 90 days.


Stock Ratings Reports and Tools

This page (TSE:CGO) was last updated on 5/18/2024 by MarketBeat.com Staff

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