Cogeco Inc. (CGO) Set to Announce Earnings on Thursday
Cogeco Inc. (TSE:CGO) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, November 2nd. Analysts expect Cogeco to post earnings of C$1.34 per share for the quarter.
Cogeco Inc. (TSE:CGO) opened at 87.94 on Wednesday. Cogeco Inc. has a 52-week low of $47.55 and a 52-week high of $88.47. The stock’s 50 day moving average is $82.06 and its 200-day moving average is $74.36. The company has a market capitalization of $1.45 billion and a P/E ratio of 12.64.
A number of analysts have commented on CGO shares. TD Securities upped their target price on shares of Cogeco from C$89.00 to C$95.00 and gave the company a “buy” rating in a report on Monday, July 17th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Cogeco in a report on Tuesday, July 4th.
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.
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