The Globe and Mail reports in its Tuesday, Nov. 4, edition that Desjardins Securities analyst Jerome Dubreuil is sticking with his "hold" call for Cogeco Communications. The Globe's David Leeder writes in the Eye On Equities column that Mr. Dubreuil gave his share a $2 trim to $71 Analysts on average target the shares at $73.20. Mr. Dubreuil says in a note: "Cogeco Communications' FCF trajectory continues to be encouraging. However, it is difficult for us to look past the revenue decline in the United States, which deteriorated this quarter. Management anticipates improvements in the coming quarters, but the competitive intensity remains elevated south of the border. On a positive note, Canadian Internet net adds were strong, and the situation appears to be more under control north of the border. We would remain on the sidelines at this point." The Globe reported on Oct. 11, 2024, and Oct. 10, 2025, that Mr. Dubreuil had reaffirmed his "hold" recommendation for Cogeco Communications, which was then going for $69.30 and $64.52. The Globe reported on Oct. 17 that CIBC World Markets analyst Stephanie Price continued to rate Cogeco Communications "neutral." The shares could then be had for $66.56.
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