Cogeco (TSE:CGO) Price Target Raised to C$99.50
Cogeco (TSE:CGO) had its price target upped by CIBC from C$93.50 to C$99.50 in a research note released on Thursday, BayStreet.CA reports.
Separately, TD Securities increased their price objective on First Capital Realty from C$24.00 to C$26.00 and gave the stock a buy rating in a report on Saturday, April 13th.
CGO stock opened at C$92.81 on Thursday. The company has a debt-to-equity ratio of 135.90, a current ratio of 1.79 and a quick ratio of 1.71. The company has a market cap of $1.50 billion and a P/E ratio of 11.19. Cogeco has a fifty-two week low of C$54.93 and a fifty-two week high of C$95.00. The business’s fifty day moving average price is C$85.10.
Cogeco Inc, through its subsidiaries, operates in the communications and media sectors in the United States, Canada, Europe, and internationally. The company operates in two segments, Communications and Other. It provides Internet, video, and telephony services; and information technology services, including colocation, network connectivity, hosting, cloud, and a portfolio of managed services.
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