BMO Capital Markets Reaffirms Hold Rating for Cogeco Communications (OTCMKTS:CGEAF)

BMO Capital Markets reaffirmed their hold rating on shares of Cogeco Communications (OTCMKTS:CGEAF) in a research report released on Monday morning, reports. They currently have a $105.00 target price on the stock.

CGEAF stock opened at $79.68 on Monday. The company has a fifty day moving average price of $78.52 and a two-hundred day moving average price of $69.69. Cogeco Communications has a one year low of $46.63 and a one year high of $79.85.

About Cogeco Communications

Cogeco Communications Inc operates as a communications corporation in North America. The company operates in three segments: Canadian Broadband Services; American Broadband Services; and Business Information and Communications Technology Services. It offers digital video and programming services, such as basic services, digital tier packages, discretionary services, pay-per-view channels, video-on-demand services, high definition and 4K television services, and advanced video services; Internet services; and telephony services to residential customers comprising direct international calling, international long distance plans, voicemail, and other custom calling features.

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