Cogeco Communications Inc. (CCA) Insider Sells C$18,500.00 in Stock
Cogeco Communications Inc. (TSE:CCA) insider Nathalie Dorval sold 200 shares of the business’s stock in a transaction on Friday, November 24th. The shares were sold at an average price of C$92.50, for a total value of C$18,500.00.
Nathalie Dorval also recently made the following trade(s):
- On Monday, November 6th, Nathalie Dorval sold 100 shares of Cogeco Communications stock. The shares were sold at an average price of C$84.61, for a total value of C$8,461.00.
Cogeco Communications Inc. (TSE:CCA) traded down C$0.34 during trading hours on Monday, hitting C$91.79. The stock had a trading volume of 41,901 shares, compared to its average volume of 69,998. Cogeco Communications Inc. has a 1 year low of C$63.64 and a 1 year high of C$95.21.
A number of analysts have recently weighed in on the company. Macquarie downgraded Cogeco Communications from an “outperform” rating to a “neutral” rating and set a C$90.00 target price for the company. in a research report on Wednesday, September 20th. Scotiabank reiterated an “outperform” rating and set a C$102.00 target price on shares of Cogeco Communications in a research report on Monday, November 6th. TD Securities upped their target price on Cogeco Communications from C$83.00 to C$87.00 and gave the company a “reduce” rating in a research report on Monday, November 6th. Canaccord Genuity downgraded Cogeco Communications from a “buy” rating to a “hold” rating and upped their target price for the company from C$89.00 to C$93.00 in a research report on Monday, November 6th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a C$94.00 target price on shares of Cogeco Communications in a research report on Monday, November 6th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of C$91.17.
Cogeco Communications Company Profile
Cogeco Communications Inc, formerly Cogeco Cable Inc, is a Canada-based communications company. The Company provides residential and business customers with video, Internet and telephony services through its two-way broadband fiber networks. The Company operates through three segments: Canadian broadband services, American broadband services and Business information and communications technology (Business ICT) services.
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