Research analysts at CIBC boosted their target price on shares of Cogeco Cable (TSE: CCA)
Cogeco Cable traded down 0.07% on Wednesday, hitting $43.27. 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 $39.92. The company has a market cap of $2.105 billion and a price-to-earnings ratio of 9.39.
CCA has been the subject of a number of other recent research reports. Analysts at TD Securities raised their price target on shares of Cogeco Cable from $48.00 to $52.00 in a research note to investors on Thursday, January 24th. They now have an ?action list buy? rating on the stock. Separately, analysts at UBS AG raised their price target on shares of Cogeco Cable from $40.00 to $43.00 in a research note to investors on Thursday, January 17th. Finally, analysts at Canaccord Genuity upgraded shares of Cogeco Cable from a ?hold? rating to a ?buy? rating in a research note to investors on Wednesday, January 16th.
Cogeco Cable is a telecommunications corporation, the hybrid fibre coaxial cable operator in Ontario and Quebec.