CGO, CA19238T1003

CIBC cuts target for Cogeco stock from CAD 67.00 to CAD 60.00

Published on 10/20/2026 at 19:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue was CAD 724.17 million on July 15, 2026. Cogeco stock costs EUR 29.10 on October 20, 2026 at 7:05 p.m. CEST.

Analyst target and reporting date

CIBC lowered its Cogeco target from CAD 67.00 to CAD 60.00 on October 8, 2026.
Fiscal third-quarter revenue reached CAD 724.17 million on July 15, 2026.
Cogeco stock costs EUR 29.10 at Lang & Schwarz on October 20, 2026 at 7:05 p.m. CEST.
Fiscal fourth-quarter results are scheduled for October 28, 2026.

CGO, CA19238T1003, Illustration mit AI erstellt.

CIBC lowered its target for Cogeco stock from CAD 67.00 to CAD 60.00 on October 8, 2026, while maintaining a Neutral rating, as reported by The Globe and Mail. Cogeco stock was trading at EUR 29.10 at Lang & Schwarz on October 20, 2026 at 7:05 p.m. CEST.

Revenue sets the operating baseline

Cogeco reported CAD 724.17 million in revenue for its third quarter of fiscal 2026, ended May 31, 2026. The figure was higher than CAD 713.04 million in the previous quarter, while net income was negative CAD 405.67 million compared with positive CAD 18.96 million in the second quarter, according to Zolmax. The earnings comparison includes a substantial negative net-income swing, making the upcoming report important for judging whether that item persisted.

How does the stock compare?

On the TSX, Cogeco traded at CAD 46.06 on October 20, 2026 at 12:59 p.m. EDT, compared with CAD 45.67 previously. Its 52-week range was CAD 44.21 to CAD 77.04, and its market capitalization was CAD 436.2 million. The stock therefore remained close to its yearly low in the Canadian quotation.

Valuation and reporting dates

Cogeco's price earnings ratio was negative 1.27 and its trailing dividend yield was 0.09 percent on October 20, 2026. Cogeco scheduled its fiscal fourth-quarter results for October 28, 2026, after the market close, followed by a conference call on October 29, 2026 at 8:00 a.m. EDT. The October 28 release will cover the fiscal year ended August 31, 2026.

Comparison with peers

Cogeco: up 0.85 percent, negative price earnings ratio 1.27, market capitalization CAD 436.2 million.

BCE: up 0.68 percent, price earnings ratio 4.17, market capitalization CAD 26.3 billion.

TELUS: up 1.80 percent, negative price earnings ratio 20.75, market capitalization CAD 18.7 billion.

Stock price and next catalyst

The October 8 target reduction places the analyst reference below the earlier CAD 67.00 level, while the October 28 results date gives investors a defined near-term reporting event.

Cogeco stock was trading at EUR 29.10 at Lang & Schwarz on October 20, 2026 at 7:05 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Cogeco stock.