Cogeco Commun (CCA) Receives a Buy from TD Securities

By Carrie Williams

Cogeco Commun (CCAResearch Report) has received a rating update from a Wall Street analyst today. The company received a Buy rating from TD Securities’ analyst Vince Valentini, with a C$95 price target.

According to TipRanks.com, Valentini is ranked #1428 out of 5141 analysts.

Read also: Nike (NKE) Earnings: Bulls Win, What’s Next?

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cogeco Commun with a C$82.71 average price target, which is a 9.7% upside from current levels. In a report released today, Scotiabank also reiterated a Buy rating on the stock with a C$88 price target.

.

The company has a one-year high of C$81.37 and a one-year low of C$61.68. Currently, Cogeco Commun has an average volume of 86.07K.

Cogeco Communications, Inc. is a telecommunications company, which engages in operating hybrid fibre coaxial cable in Ontario and Quebec. The company operates through the following three segments: Canadian Broadband Services, American Broadband Services and Business ICT Services.

The company’s shares closed on Monday at C$75.38.