TD Securities Has Lowered Expectations for Cogeco (TSE:CGO) Stock Price

Cogeco (TSE:CGO) had its price target cut by TD Securities from C$106.00 to C$105.00 in a report issued on Friday,BayStreet.CA reports. They currently have a buy rating on the stock.

Separately, CIBC cut their price objective on Cogeco from C$67.00 to C$64.00 in a report on Wednesday, January 15th.

Cogeco Stock Performance

CGO stock opened at C$55.14 on Friday. Cogeco has a 1-year low of C$46.25 and a 1-year high of C$65.34. The company has a current ratio of 0.40, a quick ratio of 0.51 and a debt-to-equity ratio of 605.15. The firm has a market cap of C$523.48 million, a PE ratio of 5.67, a P/E/G ratio of -0.28 and a beta of 0.34. The business’s 50-day moving average price is C$59.20 and its two-hundred day moving average price is C$59.18.

Cogeco Company Profile

Cogeco Inc is a telecommunications company. The company has two reportable operating segments, namely Canadian broadband services and American broadband services. The Canadian and American broadband services segments provide a wide range of Internet, video, and telephony services primarily to residential customers, as well as business services across their coverage areas.