Cogeco Cable Inc. (TSE CCA) updated: Apr 11, 2011
Established over 40 years ago, COGECO is a diversified communications company.
Through its Cogeco Cable subsidiary, COGECO provides its residential and commercial customers with analog and digital video and audio services, high-speed Internet access as well as digital telephony. Cogeco Cable is the second largest cable operator in both Ontario and Quebec, and ranks fourth in Canada in terms of the number of basic service customers it served. Cogeco Cable provides services to about 836,000 video customers through its two-way broadband cable infrastructure.
Recent News: Solid Second Quarter Results for Cogeco Cable
Customer Growth for Cogeco Cable in the Second Quarter
UPDATE - Rogers to buy C$163 mln stake in Cogeco
Cogeco Cable Posts Growth for the Fourth Quarter of Fiscal 2009
Continued Growth for Cogeco Cable in the Third Quarter of 2009
Joseph MacKay.....Mackie Research Capital......Apr 11, 2011
Maintained BUY
Target raised to $54.50 from $52.00
CCA Price day before: $44.18 Finish day of posting:$44.19Current:$44.19
------Mar 17, 2011---------
New BUY
Target $52.00
CCA Price day before: $43.23 Finish day of posting:$43.14Current:$44.19
*************
Bob Bek...........CIBC World Markets.......Apr 11, 2011
Target raised to $46.00 from $45.00
CCA Price day before: $44.18 Finish day of posting:$44.19Current:$44.19
--------Oct 29, 2010-----------
Upgraded to OUTPERFORM from SECTOR PERFORM
Target raised to $45.00 from $40.00 (Target Hit Mar 31, 2011)
CCA Price day before: $39.30 Finish day of posting:$39.00Current:$44.19
-------July 09, 2010------
Maintained SECTOR PERFORM
Target reduced to $40.00 from $43.00 (Target Hit Dec 03, 2010)
CCA Price day before: $34.17 Finish day of posting:$34.36Current:$44.19
--------Apr 09, 2010------
Maintained SECTOR PERFORM
Target raised to $43.00 from $41.00
CCA Price day before: $37.98 Finish day of posting:$36.11Current:$44.19
------Feb 05, 2007-----
Upgraded to OUTPERFORM from SECTOR PERFORM
Price Target raised to $46.00 from $40.00 (Target Hit June 29, 2007)
CCA Price day before: $40.10 Finish day of posting:$40.34Current:$44.19
-------Jan 12, 2007-------
Price Target raised to $40.00 from $35.00 (Target Hit)
CCA Price day before: $37.65 Finish day of posting:$39.00Current:$44.19
**********************************
Tim Casey...........BMO Capital Markets.......Apr 11, 2011
Target raised to $50.00 from $47.00
CCA Price day before: $44.18 Finish day of posting:$44.19Current:$44.19
-------Oct 29, 2010------
Maintained OUTPERFORM
Target raised to $47.00 from $45.00
CCA Price day before: $39.30 Finish day of posting:$39.00Current:$44.19
-------Jan 14, 2010-------
Maintained OUTPERFORM
Price Target raised to $45.00 from $40.00 (Target Hit Mar 31, 2011)
CCA Price day before: $36.80 Finish day of posting:$37.97Current:$44.19
-------July 13, 2009------
Maintained OUTPERFORM
Target $40.00 (Hit Target Jan 26, 2010)
CCA Price day before: $27.54 Finish day of posting:$27.46Current:$44.19
-------Mar 07, 2007--------
Maintained OUTPERFORM
Price Target raised to $50.00 from $45.00 (Target Hit July 09, 2007)
CCA Price day before: $40.85 Finish day of posting:$41.00Current:$44.19
------Jan 12, 2007------
Upgraded to OUTPERFORM from MARKET PERFORM
Price Target raised to $45.00 from $33.50 (Target Hit Apr 12, 2007)
CCA Price day before: $37.65 Finish day of posting:$39.00Current:$44.19
-----Oct 17, 2006-------
Price Target raised to $30.00 from $26.00 (Target Hit Nov 09, 2006)
CCA Price day before: $27.45 Finish day of posting:$27.95Current:$44.19
*******************
Vince Valentini ....... TD NewCrest……Apr 11, 2011
Maintained HOLD
Target raised to $48.00 from $47.00
CCA Price day before: $44.18 Finish day of posting:$44.19Current:$44.19
-------Jan 14, 2011-----
Maintained HOLD
Target raised to $47.00 from $45.00
CCA Price day before: $41.22 Finish day of posting:$41.19Current:$44.19
-------Oct 29, 2010------
Maintained HOLD
Target raised to $45.00 from $41.00 (Target Hit Mar 31, 2011)
CCA Price day before: $39.30 Finish day of posting:$39.00Current:$44.19
-------July 09, 2010-----
Maintained HOLD
Target reduced to $41.00 from $44.00 (Target Hit Dec 13, 2010)
CCA Price day before: $34.17 Finish day of posting:$34.36Current:$44.19
------Apr 09, 2010------
Downgraded to HOLD from BUY
Target reduced to $44.00 from $54.00
CCA Price day before: $37.98 Finish day of posting:$36.11Current:$44.19
--------Feb 04, 2010----
Downgraded to BUY from ACTION LIST BUY
Target $54.00
CCA Price day before: $41.13 Finish day of posting:$39.59Current:$44.19
-------Dec 02, 2009------
Maintained ACTION LIST BUY
Target raised to $54.00 from $50.00
CCA Price day before: $33.06 Finish day of posting:$35.00Current:$44.19
------July 13, 2009-------
Maintained ACTION LIST BUY
Target reduced to $50.00 from $51.00
CCA Price day before: $27.54 Finish day of posting:$27.46Current:$44.19
-----June 04, 2009-------
Upgraded to ACTION LIST BUY from BUY
Target $51.00
CCA Price day before: $27.00 Finish day of posting:$28.77Current:$44.19
-----Apr 13, 2009------
Maintained BUY
Target raised to $51.00 from $50.00
CCA Price day before: $32.35 Finish day of posting:$32.77Current:$44.19
-----Jan 15, 2009------
Maintained BUY
Price Target raised to $50.00 from $49.00
CCA Price day before: $33.00 Finish day of posting:$34.60Current:$44.19
-------Jan 09, 2009-----
Maintained BUY
Price Target $49.00
CCA Price day before: $32.96 Finish day of posting:$31.35Current:$44.19
------July 11, 2008-------
Maintained BUY
Price Target raised to $52.00 from $50.00
CCA Price day before: $39.89 Finish day of posting:$38.75Current:$44.19
------June 16, 2008-----
Maintained BUY
Price Target $50.00
CCA Price day before: $39.89 Finish day of posting:$38.75Current:$44.19
------Apr 02, 2008------
Maintained BUY
Price Target $55.00
CCA Price day before: $37.25 Finish day of posting:$37.83Current:$44.19
-----Oct 30, 2007----
Maintained HOLD
Price Target raised to $54.00 from $50.00
CCA Price day before: $48.69 Finish day of posting:$49.23Current:$44.19
------Aug 17, 2007------
Maintained HOLD
Price Target reduced to $50.00 from $52.00 (Target Hit Oct 22, 2007)
CCA Price day before: $43.99 Finish day of posting:$43.91Current:$44.19
--------July 10, 2007------------
Maintained HOLD
Price Target raised to $52.00 from $48.00
CCA Price day before: $50.14 Finish day of posting:$50.40Current:$44.19
---------Apr 13, 2007------
Maintained HOLD
Price Target raised to $48.00 from $45.00 (Target Hit July 09, 2007)
CCA Price day before: $45.10 Finish day of posting:$44.65Current:$44.19
------Mar 08, 2007-----
Maintained HOLD
Price Target raised to $45.00 from $37.00 (Target Hit Apr 12, 2007)
CCA Price day before: $41.00 Finish day of posting:$41.52Current:$44.19
-------Jan 12, 2007------
Maintained HOLD
Price Target raised to $37.00 from $35.00
CCA Price day before: $37.65 Finish day of posting:$39.00Current:$44.19
-------Jan 07, 2007-------------
Maintained HOLD
Price Target raised to $35.00 from $29.00 (Target Hit Jan 11, 2007)
CCA Price day before: $32.35 Finish day of posting:$33.00Current:$44.19
------Oct 17, 2006-------
Maintained HOLD
Price Target raised to $29.00 from $26.00 (Target Hit)
CCA Price day before: $27.45 Finish day of posting:$27.95Current:$44.19
---------July 12, 2005----------
Maintained BUY
Price Target raised to $36.00 from $33.00 (Target Hit)
CCA Price day before: $28.02 Finish day of posting:$29.43Current:$44.19
------June 09, 2005-------
Maintained BUY
Price Target raised to $33.00 from $32.00(Target Hit)
CCA Price day before: $26.00 Finish day of posting:$27.49Current:$44.19
------Jan 07, 2005-------
Maintained BUY
Price Target raised to $32.00 from $29.00
CCA Price day before: $25.20 Finish day of posting:$24.50Current:$44.19
------July 05, 2004-------
Maintained BUY
Price Target $29.00 (Hit Target July 12, 2005)
CCA Price day before: $21.55 Finish day of posting:$21.75Current:$44.19
*****************
....... Desjardins Securities…Apr 11, 2011
Maintained BUY
Target $48.00
CCA Price day before: $44.18 Finish day of posting:$44.19Current:$44.19
------Apr 05, 2011-------
Maintained BUY
Target raised to $48.00 from $46.00
CCA Price day before: $44.43 Finish day of posting:$44.54Current:$44.19
*************
Dvai Ghose.....Canaccord/Genuity......Apr 11, 2011
Maintained BUY
Target $50.00
CCA Price day before: $44.18 Finish day of posting:$44.19Current:$44.19
-------Apr 04, 2011--------
Maintained BUY
Target $50.00
CCA Price day before: $44.94 Finish day of posting:$44.43Current:$44.19
-------Jan 14, 2011-------
Maintained BUY
Target raised to $50.00 from $48.00
CCA Price day before: $41.22 Finish day of posting:$41.19Current:$44.19
--------Oct 29, 2010--------
Maintained BUY
Target raised to $48.00 from $42.00
CCA Price day before: $39.30 Finish day of posting:$39.00Current:$44.19
-------July 09, 2010------
Maintained BUY
Target reduced to $42.00 from $45.00 (Target Hit Dec 14, 2010)
CCA Price day before: $34.17 Finish day of posting:$34.36Current:$44.19
------June 30, 2010-------
Maintained BUY
Target $45.00
CCA Price day before: $34.09 Finish day of posting:$34.32Current:$44.19
*************
Peter MacDonald.....GMP......Apr 05, 2011
Maintained BUY
Target raised to $52.00 from $48.00
CCA Price day before: $44.43 Finish day of posting:$44.54Current:$44.19
------Jan 14, 2011------
Maintained BUY
Target raised to $48.00 from $47.00
CCA Price day before: $41.22 Finish day of posting:$41.19Current:$44.19
------July 13, 2009-----
Maintained BUY
Target $46.00
CCA Price day before: $27.54 Finish day of posting:$27.46Current:$44.19
-------Jan 07, 2007------
Price Target raised to $41.50 from $31.50 (Target Hit Feb 20, 2007)
CCA Price day before: $32.35 Finish day of posting:$33.00Current:$44.19
-----Oct 17, 2006-----
Price Target raised to $31.50 from $27.00 (Target Hit Dec 07, 2006)
CCA Price day before: $27.45 Finish day of posting:$27.95Current:$44.19
**********************************
Jeffrey Fan...........Scotia Capital.......Apr 01, 2011
Maintained SECTOR PERFORM
Target raised to $47.00 from $44.00
CCA Price day before: $45.01 Finish day of posting:$44.94Current:$44.19
-------Oct 29, 2010-------
Maintained SECTOR PERFORM
Target raised to $44.00 from $40.00 (Target Hit Mar 23, 2011)
CCA Price day before: $39.30 Finish day of posting:$39.00Current:$44.19
-------Apr 09, 2010-----
Downgraded to SECTOR PERFORM from OUTPERFORM
Target reduced to $40.00 from $46.00 (TargetHit)
CCA Price day before: $37.98 Finish day of posting:$36.11Current:$44.19
-------Jan 14, 2010----
Upgraded to OUTPERFORM from SECTOR PERFORM
CCA Price day before: $36.80 Finish day of posting:$37.97Current:$44.19
------July 15, 2009-----
Downgraded to SECTOR PERFORM from OUTPERFORM
Target reduced to $37.00 from $50.00 (Target Hit Jan 13, 2010)
CCA Price day before: $27.54 Finish day of posting:$27.70Current:$44.19
------July 10, 2007-----
Maintained OUTPERFORM
Price Target $50.00
CCA Price day before: $32.35 Finish day of posting:$32.77Current:$44.19
******************
Phillip Huang...UBS....Jan 14, 2011
Maintained BUY
Target raised to $48.00 from $46.00
CCA Price day before: $41.22 Finish day of posting:$41.19Current:$44.19
------Apr 09, 2010------
Maintained BUY
Target $46.00
CCA Price day before: $37.98 Finish day of posting:$36.11Current:$44.19
------Jan 14, 2010------
Maintained BUY
Price Target raised to $42.00 from $37.00 (Target Hit Dec 14, 2010)
CCA Price day before: $36.80 Finish day of posting:$37.97Current:$44.19
*****************
Joseph MacKay ....... Desjardins Securities…Jan 14, 2011
Maintained BUY
Target raised to $46.00 from $44.60
CCA Price day before: $41.22 Finish day of posting:$41.19Current:$44.19
------Sept 22, 2010--------
Maintained BUY
Target raised to $44.60 from $44.25 (Target Hit Mar 30, 2011)
CCA Price day before: $35.44 Finish day of posting:$35.46Current:$44.19
-------July 09, 2010-----
Maintained BUY
Target reduced to $44.25 from $44.75 (Target Hit Mar 30, 2011)
CCA Price day before: $34.17 Finish day of posting:$34.36Current:$44.19
--------Apr 13, 2010--------
Upgraded to BUY from HOLD
CCA Price day before: $36.47 Finish day of posting:$36.08Current:$44.19
--------July 08, 2009------
Upgraded to BUY from HOLD
Target $38.00 (Target Hit Jan 14, 2010)
CCA Price day before: $27.65 Finish day of posting:$28.28Current:$44.19
------July 08, 2009------
Upgraded to BUY from HOLD
Target $38.00 (Target Hit Jan 14, 2010)
CCA Price day before: $27.65 Finish day of posting:$28.28Current:$44.19
-----Apr 13, 2009------
Downgraded to HOLD from TOP PICK
Target reduced to $38.00 from $40.00 (Target Hit Jan 14, 2010)
CCA Price day before: $32.35 Finish day of posting:$32.77Current:$44.19
-------Jan 02, 2008-----
Maintained TOP PICK
Target $59.00
CCA Price day before: $47.81 Finish day of posting:$46.89Current:$44.19
-------July 09, 2007------
Maintained TOP PICK
Price Target raised to $59.00 from $56.00
CCA Price day before: $48.55 Finish day of posting:$50.14Current:$44.19
-------Jan 12, 2007---------
Maintained TOP PICK
Price Target raised to $46.00 from $39.00 (Target Hit June 29, 2007)
CCA Price day before: $37.65 Finish day of posting:$39.00Current:$44.19
------Oct 17, 2006-----
Upgraded to TOP PICK from BUY
Price Target raised to $39.00 from $28.00 (Target Hit Jan 12, 2007)
CCA Price day before: $27.45 Finish day of posting:$27.95Current:$44.19
------Oct 16, 2006------
Maintained BUY
Price Target $28.00 (Target Hit)
CCA Price day before: $27.11 Finish day of posting:$27.45Current:$44.19
**********************************
Jonathan Allen....RBC Capital Markets....Oct 29, 2010
Maintained OUTPERFORM
Target raised to $46.00 from $43.00
CCA Price day before: $39.30 Finish day of posting:$39.00Current:$44.19
------July 09, 2010-----
Target reduced to $40.00 from $41.00 (Target Hit Dec 03, 2010)
CCA Price day before: $34.17 Finish day of posting:$34.36Current:$44.19
-------Jan 14, 2010----
Maintained SECTOR PERFORM
Price Target raised to $41.00 from $39.00 (Target Hit Feb 02, 2010)
CCA Price day before: $36.80 Finish day of posting:$37.97Current:$44.19
*****************
Greg MacDonald.....Bank National.......Jan 14, 2010
Downgraded to SECTOR PERFORM from OUTPERFORM
Target $35.00
CCA Price day before: $42.10 Finish day of posting:$40.48Current:$44.19
------Jan 14, 2010-------
Upgraded to OUTPERFORM from SECTOR PERFORM
CCA Price day before: $36.80 Finish day of posting:$37.97Current:$44.19
------Nov 02, 2009-------
Downgraded to SECTOR PERFORM from OUTPERFORM
Target reduced to $35.00 from $40.00 (Target Hit Nov 26, 2009)
CCA Price day before: $30.98 Finish day of posting:$30.50Current:$44.19
-------July 13, 2009-------
Maintained OUTPERFORM
Target reduced to $40.00 from $45.00
CCA Price day before: $27.54 Finish day of posting:$27.46Current:$44.19
-----July 10, 2007-----
Price Target raised to $60.00 from $53.00
CCA Price day before: $50.14 Finish day of posting:$50.40Current:$44.19
-----Jan 12, 2007------
Price Target raised to $49.00 from $36.00 (Target Hit July 09, 2007)
CCA Price day before: $37.65 Finish day of posting:$39.00Current:$44.19
------Oct 17, 2006----
Price Target raised to $36.00 from $32.00 (Target Hit Jan 11, 2007)
CCA Price day before: $27.45 Finish day of posting:$27.95Current:$44.19
******************
Dvai Ghose.....Genuity Capital Markets......July 13, 2009
Maintained BUY
Target reduced to $33.00 from $40.00 (Target Hit Nov 23, 2009)
CCA Price day before: $27.54 Finish day of posting:$27.46Current:$44.19
------July 09, 2007-----
Price Target raised to $58.00 from $52.00
CCA Price day before: $48.55 Finish day of posting:$50.14Current:$44.19
------Jan 12, 2007-------
Price Target raised to $45.00 from $37.00 (Target Hit Apr 12, 2007)
CCA Price day before: $37.65 Finish day of posting:$39.00Current:$44.19
**********************************
Rob Goff...........Haywood Securities.......July 13, 2009
Maintained OUTPERFORM
Target $35.00 (Target Hit Nov 26, 2009)
CCA Price day before: $27.54 Finish day of posting:$27.46Current:$44.19
-------Jan 15, 2009------
Maintained OUTPERFORM
Price Target raised to $43.00 from $47.00
CCA Price day before: $33.00 Finish day of posting:$34.60Current:$44.19
.------July 10, 2007------
Price Target raised to $60.00 from $52.00
CCA Price day before: $50.14 Finish day of posting:$50.40Current:$44.19
-------Feb 05, 2007-------
Price Target raised to $50.00 from $45.00 (Target Hit July 09, 2007)
CCA Price day before: $40.10 Finish day of posting:$40.34Current:$44.19
------Jan 12, 2007------
Price Target raised to $39.00 from $32.00
CCA Price day before: $37.65 Finish day of posting:$39.00Current:$44.19
-------Oct 17, 2006--------
Price Target raised to $32.00 from $29.00 (Target Hit Dec 07, 2006)
CCA Price day before: $27.45 Finish day of posting:$27.95Current:$44.19
**********************************
Jonathan Allen...RBC Capital Markets....July 13, 2009
Maintained SECTOR PERFORM
Target $31.00 (Target Hit Sept 22, 2009)
CCA Price day before: $27.54 Finish day of posting:$27.46Current:$44.19
--------Jan 15, 2009------
Maintained SECTOR PERFORM
Price Target raised to $43.00 from $42.00
CCA Price day before: $33.00 Finish day of posting:$34.60Current:$44.19
******************
John Henderson...........Scotia Capital.......July 10, 2007
Maintained OUTPERFORM
Price Target raised to $61.00 from $60.00
CCA Price day before: $50.14 Finish day of posting:$50.40Current:$44.19
-----Feb 05, 2007------
Price Target raised to $55.00 from $50.00
CCA Price day before: $40.10 Finish day of posting:$40.34Current:$44.19
-------Jan 12, 2007-------
Price Target raised to $50.00 from $40.00 (Target Hit July 09, 2007)
CCA Price day before: $37.65 Finish day of posting:$39.00Current:$44.19
-------Oct 17, 2006-------
Price Target raised to $36.00 from $32.00 (Target Hit Jan 11, 2007)
CCA Price day before: $27.45 Finish day of posting:$27.95Current:$44.19
**********************************
Richard Talbot...........RBC Capital Markets.......July 09, 2007
Maintained OUTPERFORM
Price Target raised to $57.00 from $50.00
CCA Price day before: $48.55 Finish day of posting:$50.14Current:$44.19
------Apr 12, 2007---------
Maintained OUTPERFORM
Price Target raised to $50.00 from $44.00 (Target Hit July 09, 2007)
CCA Price day before: $44.71 Finish day of posting:$45.10Current:$44.19
------Jan 12, 2007---
Maintained OUTPERFORM
Price Target raised to $44.00 from $35.00 (Target Hit Feb 26, 2007)
CCA Price day before: $37.65 Finish day of posting:$39.00Current:$44.19
------Oct 17, 2006-------
Upgraded to OUTPERFORM from SECTOR PERFORM
CCA Price day before: $27.45 Finish day of posting:$27.95Current:$44.19
**********************************
Manolis Liodakis PhD...........Citigroup Smith Barney.......Oct 16, 2006
Upgraded to ATTRACTIVE 5 from ATTRACTIVE 9
CCA Price day before: $27.11 Finish day of posting:$27.45Current:$44.19
**********************************
Cogeco Cable
Short Positions TSX
Date Outstanding Price Range
July 01 to 15, 2010 149,812 $36.50 to $33.83
June 16 to 31, 2010 142,592 $36.70 to $33.50
June 01 to 15, 2010 421,672 $35.74 to $32.75
May 16 to 31, 2010 425,679 $34.29 to $32.15
May 01 to 15, 2010 379,980 $35.36 to $33.35
Apr 16 to 30, 2010 363,379 $37.18 to $34.25
Apr 01 to 15, 2010 384,634 $41.94 to $35.20
Mar 16 to 31, 2010 442,190 $42.99 to $40.35
Mar 01 to 15, 2010 471,046 $43.98 to $40.00
Feb 16 to 28, 2010 485,270 $41.06 to $39.85
Feb 01 to 15, 2010 572,168 $41.81 to $38.66
Jan 16 to 31, 2010 654,210 $40.00 to $37.66
Jan 01 to 15, 2010 467,280 $38.93 to $34.17
Dec 16 to 31, 2009 324,096 $35.19 to $34.32
Dec 01 to 15, 2009 282,170 $36.11 to $33.06
Nov 16 to 30, 2009 641,001 $35.85 to $31.01
Nov 01 to 15, 2009 920,223 $32.24 to $30.50
Oct 16 to 30, 2009 978,093 $32.49 to $30.35
Oct 01 to 15, 2009 1,127,640 $31.92 to $29.83
Sept 16 to 30, 2009 1,139,624 $31.31 to $28.15
Sept 01 to 15, 2009 1,128,448 $28.45 to $26.40
Aug 17 to 31, 2009 1,063,033 $27.65 to $26.48
Aug 04 to 14, 2009 967,785 $28.89 to $27.70
July 16 to 31, 2009 919,037 $28.70 to $27.59
July 02 to 15, 2009 852,087 $29.08 to $27.26
June 16 to 30, 2009 826,850 $30.24 to $28.15
June 01 to 15, 2009 634,440 $30.00 to $26.89
May 19 to 29, 2009 520,689 $27.99 to $26.80
May 01 to 15, 2009 429,255 $29.86 to $27.04
Apr 16 to 30, 2009 415,238 $31.99 to $28.66
Apr 01 to 15, 2009 497,580 $33.86 to $31.33
Mar 16 to 31, 2009 643,053 $33.09 to $30.26
Mar 13, 2009 712,910 $32.47 to $30.41
Feb 27, 2009 652,168 $35.39 to $30.21
Feb 13, 2009 666,774 $35.99 to $33.31
Jan 31, 2009 667,583 $36.00 to $33.65
Jan 15, 2009 689,354 $36.50 to $31.00
Dec 31, 2008 705,810 $35.45 to $30.10
Dec 15, 2008 746,466 $32.39 to $27.83