1 week Ago By ABMN Staff
Shares of Cogeco Communications Inc. ( TSE:CCA – Get Free Report ) have been given an average rating of “Hold” by the ten analysts that are covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.
The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$69.39. Several equities analysts have issued reports on the stock.
BMO Capital Markets lifted their price target on shares of Cogeco Communications from C$65.00 to C$70.00 in a report on Thursday.
TD Securities lifted their price target on shares of Cogeco Communications from C$80.00 to C$85.00 and gave the stock a “buy” rating in a report on Monday, July 15th.
Bank of America raised shares of Cogeco Communications from an “underperform” rating to a “buy” rating and lifted their price target for the stock from C$60.00 to C$65.00 in a report on Wednesday, July 17th.
Desjardins lifted their price target on shares of Cogeco Communications from C$64.00 to C$69.00 and gave the stock a “hold” rating in a report on Monday, July 15th.
Finally, Royal Bank of Canada lifted their price target on shares of Cogeco Communications from C$73.00 to C$76.00 and gave the stock a “sector perform” rating in a report on Monday, July 15th.
View Our Latest Research Report on CCA Cogeco Communications Stock Performance Cogeco Communications ( TSE:CCA – Get Free Report ) last issued its quarterly earnings data on Thursday, July 11th. The company reported C$2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.
73 by C$0.72. The company had revenue of C$750.
58 million for the quarter, compared to analyst estimates of C$751.50 million. Cogeco Communications had a net margin of 11.
44% and a return on equity of 10.52%. As a group, equities analysts forecast that Cogeco Communications will post 8.
2150127 earnings per share for the current year. Cogeco Communications Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 8th. Stockholders of record on Thursday, July 25th were paid a dividend of $0.
854 per share. The ex-dividend date was Thursday, July 25th. This represents a $3.
42 dividend on an annualized basis and a dividend yield of 5.25%. Cogeco Communications’s payout ratio is 43.
62%. Cogeco Communications Company Profile ( Get Free Report Cogeco Communications Inc operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications.
The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks. Featured Articles Receive News & Ratings for Cogeco Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cogeco Communications and related companies with MarketBeat.com's FREE daily email newsletter .
.
