Cogeco (CGO) to Release Quarterly Earnings on Thursday

Cogeco (TSE:CGO) will be issuing its quarterly earnings data after the market closes on Thursday, October 31st.

Cogeco Stock Performance

Shares of CGO opened at C$62.35 on Thursday. The firm has a market cap of C$493.19 million, a PE ratio of 7.43, a P/E/G ratio of -0.28 and a beta of 0.34. The company has a current ratio of 0.44, a quick ratio of 0.51 and a debt-to-equity ratio of 151.56. The stock has a fifty day moving average price of C$57.05 and a 200-day moving average price of C$53.63. Cogeco has a 12 month low of C$44.62 and a 12 month high of C$62.88.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. CIBC raised their target price on Cogeco from C$58.00 to C$59.00 and gave the stock a “neutral” rating in a research note on Monday, July 15th. TD Securities raised their target price on Cogeco from C$94.00 to C$99.00 and gave the stock a “buy” rating in a research note on Monday, July 15th.

About Cogeco

Cogeco Inc, through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company operates in two segments, Canadian Telecommunications and American Telecommunications. It provides a range of Internet, video, and phone services through advanced fibre optic and two-way telecommunications distribution networks primarily to residential customers, as well as business services under the Cogeco Connexion name in Quebec and Ontario; and Breezeline brand in the United States.