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

Cogeco Communications Inc. (TSE:CCA)’s stock price hit a new 52-week high during 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 trading hands. The stock had previously closed at C$70.86.

Several other equities analysts have also recently issued reports on CCA. National Bankshares lifted their price objective on Cogeco Communications from C$66.00 to C$71.00 in a report on Friday. 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 research report on Monday, January 12th. Desjardins set a C$71.00 price objective on shares of Cogeco Communications and gave the stock a “hold” rating in a research report on Monday, January 12th. BMO Capital Markets lowered their price objective on shares of Cogeco Communications from C$75.00 to C$70.00 in a research note on Friday, October 31st. Finally, TD Securities lifted 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. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of C$76.03.

Key Stories Impacting Cogeco Communications

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 firm’s 50 day moving average is C$66.84 and its 200-day moving average is C$65.85. The firm has a market cap of C$3.07 billion, a PE ratio of 10.01, a P/E/G ratio of 4.77 and a beta of 0.65. The company has a quick ratio of 0.49, a current ratio of 0.37 and a debt-to-equity ratio of 159.35.

Cogeco Communications (TSE:CCA) last issued its quarterly earnings results on Wednesday, January 14th. The company reported C$2.11 earnings per share for the quarter. Cogeco Communications had a return on equity of 11.56% and a net margin of 11.68%.The company had revenue of C$707.25 million during the quarter. As a group, equities research analysts expect that Cogeco Communications Inc. will post 8.4900498 earnings per share for the current fiscal year.

Cogeco Communications Increases Dividend

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

About Cogeco Communications

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.