Cogeco (TSE:CGO – Free Report) had its price target trimmed by TD Securities from C$110.00 to C$106.00 in a report published on Monday, BayStreet.CA reports. The firm currently has a buy rating on the stock.
Separately, CIBC upped their price target on Cogeco from C$57.00 to C$58.00 and gave the stock a neutral rating in a research note on Tuesday, December 19th.
Read Our Latest Stock Analysis on CGO
Cogeco Stock Up 0.5 %
Cogeco (TSE:CGO – Get Free Report) last released its quarterly earnings results on Thursday, April 11th. The company reported C$2.33 EPS for the quarter. Cogeco had a return on equity of 9.44% and a net margin of 2.06%. The company had revenue of C$751.91 million for the quarter. Research analysts anticipate that Cogeco will post 10.1988848 EPS for the current year.
Cogeco Company Profile
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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