Cogeco Cable PT Raised to C$56.00 (CCA)
RBC Capital increased their target price on shares of Cogeco Cable (TSE:CCA) from C$55.00 to C$56.00 in a research note issued on Friday, Analyst Ratings News reports. RBC Capital’s price objective would indicate a potential upside of 13.98% from the company’s current price.
A number of other firms have also recently commented on CCA. Analysts at Scotiabank cut their price target on shares of Cogeco Cable from C$57.00 to C$56.00 in a research note to investors on Saturday, November 2nd. They now have an “outperform” rating on the stock. Separately, analysts at CIBC raised their price target on shares of Cogeco Cable from C$51.00 to C$53.00 in a research note to investors on Friday, November 1st. They now have a “sector perform” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Cogeco Cable from C$67.00 to C$72.00 in a research note to investors on Friday, November 1st. They now have an “action list buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of C$54.61.
Cogeco Cable is a telecommunications corporation, the hybrid fibre coaxial cable operator in Ontario and Quebec.
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