(CGO) Cogeco - Ratings and Ratios

Cogeco Inc. is a Canadian telecommunications company with a significant presence in the Canadian and US communications and media sectors. The company operates through two main segments: Canadian Telecommunications and American Telecommunications, providing a range of services including Internet, video, and phone services to residential and business customers. Cogecos advanced fibre optic and two-way telecommunications distribution networks enable it to deliver high-quality services, including advanced network connectivity solutions such as dedicated fibre, SIP, PRI, trunking solutions, and hosted PBX solutions, as well as managed business Wi-Fi under the Cogeco Connexion and Breezeline brands.

In addition to its telecommunications services, Cogeco Inc. has a significant presence in the media sector, owning and operating 21 radio stations across Quebec with diverse formats and coverage. The companys media assets also include Cogeco News, a news agency serving a range of audiences. With a history dating back to 1957, Cogeco has established itself as a major player in the Canadian telecommunications industry, with its headquarters in Montreal, Canada.

Analyzing Cogecos , we observe a bullish trend, with the stock price having reached its 52-week high of $64.12, indicating a strong upward momentum. The SMA20 and SMA50 are both below the current price, further supporting the bullish trend. The ATR indicates a moderate level of volatility, with a 2.80% average true range. Using this data, we can forecast that Cogecos stock price is likely to continue its upward trend, potentially reaching $70.00 in the short term, driven by its strong technical indicators.

From a fundamental perspective, Cogecos indicates a relatively low P/E ratio of 6.93, suggesting that the stock may be undervalued. The forward P/E ratio is also low at 6.61, implying that the companys earnings are expected to grow. With a RoE of 10.35%, Cogeco demonstrates a decent return on equity. Combining this data with the technical analysis, we forecast that Cogeco Inc.s stock price will continue to rise, driven by its strong technical trend and relatively attractive valuation. Our forecast suggests a potential price target of $72.00 in the next 6-12 months, assuming the company continues to execute its business strategy and deliver strong earnings growth.