Cogeco (TSE:CGO) Price Target Raised to C$99.50

Cogeco (TSE:CGO) had its price objective boosted by CIBC from C$93.50 to C$99.50 in a research note released on Thursday, BayStreet.CA reports.

Separately, TD Securities raised their price target on First Capital Realty from C$24.00 to C$26.00 and gave the stock a buy rating in a research report on Saturday, April 13th.

CGO opened at C$92.81 on Thursday. The stock’s 50 day moving average is C$85.10. The company has a current ratio of 1.79, a quick ratio of 1.71 and a debt-to-equity ratio of 135.90. Cogeco has a 1 year low of C$54.93 and a 1 year high of C$95.00. The company has a market cap of $1.50 billion and a price-to-earnings ratio of 11.19.

About Cogeco

Cogeco Inc, through its subsidiaries, operates in the communications and media sectors in the United States, Canada, Europe, and internationally. The company operates in two segments, Communications and Other. It provides Internet, video, and telephony services; and information technology services, including colocation, network connectivity, hosting, cloud, and a portfolio of managed services.

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