Scotia Capital cuts price targets on BCE, Cogeco and Rogers
Scotia Capital lowered price targets on BCE, Cogeco Communications and Rogers Communications. Dow Jones Newswires reported the changes, citing Baystreet.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Scotia Capital lowered its target price for BCE Inc. to C$36.50 from C$40.00. The firm also trimmed its forecast for Rogers Communications to C$60.00 from C$61.00, and for Cogeco Communications to C$64.50 from C$68.00. The Cogeco rating was kept at Sector Perform.
Dow Jones Newswires reported these decisions on October 20, citing the Baystreet service.
why it matters
The changes concern large Canadian telecom companies. Analyst target revisions like these reflect a view on sector stocks and can shape investor sentiment in the group, but on their own they are routine and carry no new earnings or macro signal.
tags
instruments
sources
- BCE Inc. Price Target Cut to C$36.50/Share From C$40.00 by Scotia Capital — Dow Jones Newswires, 20 October 2026 at 15:27 UTC
- Cogeco Communications Inc. Price Target Cut to C$64.50/Share From C$68.00 by Scotia Capital — Dow Jones Newswires, 20 October 2026 at 15:27 UTC
- Rogers Communications Inc. Price Target Cut to C$60.00/Share From C$61.00 by Scotia Capital — Dow Jones Newswires, 20 October 2026 at 15:27 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗