Cogeco Inc traded at 70.17 this Friday February 6th, increasing 1.00 or 1.45 percent since the previous trading session. Looking back, over the last four weeks, Cogeco gained 8.64 percent. Over the last 12 months, its price rose by 29.90 percent. Looking ahead, we forecast Cogeco Inc to be priced at 65.19 by the end of this quarter and at 60.65 in one year, according to Trading Economics global macro models projections and analysts expectations.
Cogeco Inc, is a diversified holding company, which operates in the communications and media sectors. The Company through its subsidiary, Cogeco Communications Inc. provides Internet, video and telephony services through its two-way broadband fiber networks. The Company operates through two segments: Canadian broadband services and American broadband services, which provides a wide range of Internet, video, telephony and cable services primarily to residential customers, as well as business services across their coverage areas. The Canadian broadband services activities are carried out by Cogeco Connexion in the provinces of Quebec and Ontario and the American broadband services activities are carried out by Atlantic Broadband in around 11 states, which include Connecticut, Delaware, Florida, Maine, Maryland, New Hampshire, New York, Pennsylvania, South Carolina and Virginia. Its Cogeco Media subsidiary owns and operates around 23 radio stations as well as a news agency, Cogeco News.