macro

Cogeco Communications: BMO cuts price target to C$60 from C$65

Dow Jones Newswires, citing Baystreet: BMO, Scotia and TD cut their price targets for Cogeco Communications shares, BMO keeps Market Perform.

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what happened

Dow Jones Newswires, citing Baystreet ratings actions, reported on October 30, 2026 that three brokers had lowered their price targets for Cogeco Communications Inc. BMO reduced its target to C$60 per share from C$65 and kept a Market Perform rating.

Scotia trimmed its target to C$63 from C$64.50, while TD lowered its target to C$81 from C$83 and maintained a Buy rating.

why it matters

Routine target changes like these usually move a stock only modestly, and they mainly reflect shifts in analysts' valuation models rather than new company results. When several brokers cut targets at the same time, investors tend to read it as a small downward adjustment in expectations rather than a standalone signal about the business.

tags

instruments

Cogeco Communications

sources

  1. Cogeco Communications Inc. Price Target Cut to C$60.00/Share From C$65.00 by BMO — Dow Jones Newswires, 30 October 2026 at 15:38 UTC
  2. Cogeco Communications Inc. Price Target Cut to C$63.00/Share From C$64.50 by Scotia — Dow Jones Newswires, 30 October 2026 at 15:38 UTC
  3. Cogeco Communications Inc. Price Target Cut to C$81.00/Share From C$83.00 by TD — Dow Jones Newswires, 30 October 2026 at 15:38 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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