Cogeco (TSE:CGO – Get Free Report) had its target price upped by TD Securities from C$99.00 to C$104.00 in a research note issued on Monday, BayStreet.CA reports. TD Securities’ price objective suggests a potential upside of 71.76% from the company’s previous close.
Separately, CIBC raised their price target on Cogeco from C$58.00 to C$59.00 and gave the company a “neutral” rating in a research report on Monday, July 15th.
Cogeco Price Performance
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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