Cogeco Communications (TSE:CCA) Sets New 52-Week High Following Analyst Upgrade

Cogeco Communications Inc. (TSE:CCA) shares reached a new 52-week high during mid-day trading on Friday after CIBC raised their price target on the stock from C$68.00 to C$71.00. The company traded as high as C$73.66 and last traded at C$73.54, with a volume of 68229 shares changing hands. The stock had previously closed at C$70.86.

CCA has been the subject of a number of other reports. Scotiabank raised their price target on Cogeco Communications from C$74.00 to C$74.25 and gave the company a “sector perform” rating in a report on Monday, January 12th. National Bankshares increased their price objective on shares of Cogeco Communications from C$66.00 to C$71.00 in a report on Friday. BMO Capital Markets lowered their price objective on shares of Cogeco Communications from C$75.00 to C$70.00 in a research report on Friday, October 31st. TD Securities upped their target price on shares of Cogeco Communications from C$95.00 to C$100.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Desjardins set a C$71.00 price target on shares of Cogeco Communications and gave the company a “hold” rating in a research note on Monday, January 12th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of C$76.03.

Key Cogeco Communications News

Here are the key news stories impacting Cogeco Communications this week:

• Positive Sentiment: TD Securities raised its price target from C$95 to C$100 and reiterated a “buy” rating, implying roughly 36% upside vs. the recent price — a clear bullish catalyst. TD Securities raises target to C$100
• Positive Sentiment: Q1 2026 results released: EPS C$2.11, revenue C$707.25M, net margin 11.68% and ROE 11.56% — results that support the outlook and likely underpinned buying. Cogeco Q1 2026 results Press release / slide deck
• Neutral Sentiment: A valuation/market note reviewed recent share momentum and analyst targets, offering context but no new operational news — useful for investors assessing whether the rally is valuation-driven. Valuation check article
• Negative Sentiment: CIBC raised its target from C$68 to C$71, but that target remains ~3% below the recent trade — the raise is modest and the below-market target could cap upside from some institutional holders. CIBC raises target to C$71
• Negative Sentiment: National Bankshares raised its target from C$66 to C$71; like CIBC’s move, the new target sits slightly below current levels, reflecting mixed analyst views on near-term upside. National Bankshares raises target to C$71 TickerReport coverage

Cogeco Communications Stock Up 3.3%

The company has a current ratio of 0.37, a quick ratio of 0.49 and a debt-to-equity ratio of 159.35. The firm’s fifty day moving average price is C$66.84 and its 200-day moving average price is C$65.85. The company has a market cap of C$3.07 billion, a price-to-earnings ratio of 10.01, a price-to-earnings-growth ratio of 4.77 and a beta of 0.65.

Cogeco Communications (TSE:CCA) last announced its earnings results on Wednesday, January 14th. The company reported C$2.11 EPS for the quarter. The firm had revenue of C$707.25 million for the quarter. Cogeco Communications had a net margin of 11.68% and a return on equity of 11.56%. Sell-side analysts predict that Cogeco Communications Inc. will post 8.4900498 earnings per share for the current year.

Cogeco Communications Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Wednesday, November 26th were issued a dividend of $0.987 per share. This is a boost from Cogeco Communications’s previous quarterly dividend of $0.92. The ex-dividend date was Wednesday, November 12th. This represents a $3.95 dividend on an annualized basis and a yield of 5.4%. Cogeco Communications’s dividend payout ratio is currently 51.34%.

Cogeco Communications Company Profile

Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides residential and business customers with internet, video, and telephony services with broadband fibre networks. The reportable segments of the company are Canadian broadband services and American broadband services. In internet services, the company offers internet packages with download speeds of up to 120mbps. In video services, the company provides digital tier services, pay-per-view channels, video on-demand services, and 4k television, and telephony services include using internet protocol to transport digitized voice signals.