Research analysts at TD Securities raised their target price on shares of Cogeco Cable (TSE: CCA)
Cogeco Cable traded up 3.98% on Wednesday, hitting $40.45. Cogeco Cable has a 1-year low of $34.45 and a 1-year high of $53.54. The stock?s 50-day moving average is currently $38.88. The company has a market cap of $1.968 billion and a price-to-earnings ratio of 8.44.
CCA has been the subject of a number of other recent research reports. Analysts at Scotia Capital upgraded shares of Cogeco Cable from a ?sector perform? rating to an ?outperform? rating in a research note to investors on Monday. They now have a $43.00 price target on the stock, up previously from $40.00. Separately, analysts at Canaccord Genuity cut their price target on shares of Cogeco Cable from $43.00 to $41.00 in a research note to investors on Monday, December 24th. They now have a ?hold? rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Cogeco Cable from $42.00 to $43.00 in a research note to investors on Monday, November 5th. They now have a ?hold? rating on the stock. Cogeco Cable Inc. (Cogeco Cable) is a cable telecommunications company. Cogeco Cable builds on its cable distribution base by offering analogue and digital television, high speed Internet (HSI), telephony, data communications and other advanced telecommunication services, such as Ethernet, private line, Voice-over- Internet protocol (VoIP), HSI access, dark fibre, data storage, data security and co-location services.