Cogeco Communications (TSE:CCA) had its price objective lowered by Barclays from C$90.00 to C$86.00 in a report published on Friday morning.

Several other equities analysts also recently issued reports on CCA. CIBC upped their price objective on shares of Cogeco Communications from C$78.00 to C$93.00 in a report on Monday, January 8th. BMO Capital Markets cut their price objective on shares of Cogeco Communications from C$94.00 to C$90.00 in a report on Friday. TD Securities upped their price objective on shares of Cogeco Communications from C$87.00 to C$89.00 and gave the company a hold rating in a report on Friday. Scotiabank cut their price objective on shares of Cogeco Communications from C$103.00 to C$95.00 and set an outperform rating on the stock in a report on Friday. Finally, National Bank Financial cut their price objective on shares of Cogeco Communications from C$96.00 to C$88.00 and set a sector perform rating on the stock in a report on Friday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of C$89.25.

Cogeco Communications (CCA) traded down C$2.03 during mid-day trading on Friday, hitting C$80.51. 170,900 shares of the company’s stock traded hands, compared to its average volume of 86,235. The stock has a market capitalization of $3,990.00, a price-to-earnings ratio of 13.31 and a beta of 0.71. Cogeco Communications has a 1-year low of C$66.99 and a 1-year high of C$95.21.

WARNING: “Cogeco Communications (CCA) Price Target Cut to C$86.00 by Analysts at Barclays” was first reported by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another website, it was copied illegally and reposted in violation of international copyright legislation. The original version of this article can be read at https://www.watchlistnews.com/cogeco-communications-cca-price-target-cut-to-c86-00-by-analysts-at-barclays/1806124.html.

Cogeco Communications Company Profile

Cogeco Communications Inc, formerly Cogeco Cable Inc, is a Canada-based communications company. The Company provides residential and business customers with video, Internet and telephony services through its two-way broadband fiber networks. The Company operates through three segments: Canadian broadband services, American broadband services and Business information and communications technology (Business ICT) services.

Analyst Recommendations for Cogeco Communications (TSE:CCA)

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.