Analyst Downgrades – Cogeco Communications (TSE:CCA) Stock Gets Downgraded By Barclays PLC from Equal Weight to Underweight

Analyst Ratings For Cogeco Communications (TSE:CCA)

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Today, Cogeco Communications (TSE:CCA) stock was downgraded by Barclays PLC from Equal Weight to Underweight with a price target of C$75.00.

There are 1 sell rating, 3 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Cogeco Communications (TSE:CCA) is Hold (Score: 2.17) with a consensus target price of C$72.94 per share, a potential .

Some recent analyst ratings include

  • 4/11/2017-Barclays PLC was Downgraded by analysts at Barclays PLC from a “Equal Weight ” rating to a ” Underweight” rating. They now have a C$75.00 price target on the stock, up previously from C$70.00 .
  • 4/7/2017-Scotiabank Reiterated Rating of Outperform.
  • 1/9/2017-National Bank Financial was Downgraded by analysts at National Bank Financial from a “Outperform Market Weight ” rating to a ” Sector Perform Market Weight” rating.

    About Cogeco Communications (TSE:CCA)
    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. The Canadian and American broadband services segments provide a range of video, Internet and telephony services primarily to residential customers and also provide business services to small and medium sized businesses across their coverage areas. The Business ICT services segment provides colocation, network connectivity, hosting, cloud and a portfolio of managed services primarily in Canada, the United States and Europe to small, medium and large enterprises around the world.

    Recent Trading Activity for Cogeco Communications (TSE:CCA)
    Shares of Cogeco Communications closed the previous trading session at 75.40 up +0.61 0.82% with 96,402 shares trading hands.

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