Cogeco Inc. (TSE:CGO) shares reached a new 52-week high on Monday . The company traded as high as C$87.80 and last traded at C$86.67, with a volume of 7,491 shares changing hands. The stock had previously closed at C$85.90.

A number of research analysts recently weighed in on the stock. TD Securities lowered shares of Cogeco from a “buy” rating to a “hold” rating and set a C$95.00 price objective for the company. in a research note on Friday, October 6th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Cogeco in a research note on Tuesday, July 4th.

The company’s 50-day moving average price is $82.06 and its 200-day moving average price is $74.36. The stock has a market capitalization of $1.45 billion and a PE ratio of 12.64.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://theolympiareport.com/2017/11/01/cogeco-inc-cgo-hits-new-52-week-high-at-87-80.html.

Cogeco Company Profile

Cogeco Inc is a holding company, which operates in the communications and media sectors. The Company operates through two segments: Communications and Other. The Communications segment, through the Company’s subsidiary, Cogeco Communications Inc (Cogeco Communications), provides its residential and business customers with video, Internet and telephony services through its two-way broadband fiber networks.

Receive News & Ratings for Cogeco Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cogeco Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.