Stock Talk: What's the Buzz on Cogeco and Live Nation?
The world of stocks is buzzing with talk about two big names in the Communication Services sector: Cogeco Communications and Live Nation Entertainment. Analysts are sharing their thoughts, and the opinions are quite mixed.
Cogeco Communications
Adam Shine, an analyst from National Bank, recently shared his thoughts. He thinks the company is worth a "Hold" and set a price target of C$71.00. But here's the thing: the stock closed at $52.99 last Friday. That's a big difference!
- Analyst: Adam Shine
- Rating: Hold
- Price Target: C$71.00
- Current Stock Price: $52.99
- Analyst Success Rate: 52.6%
- Average Analyst Price Target: $63.05 (19.3% upside)
Shine is known for his solid track record. He's a 4-star analyst with a success rate of 52.6%. He usually looks at companies like Rogers Communication and Quebecor. But what do other analysts think? Well, most of them agree with Shine. They also say "Hold" and predict an average price target of $63.05. That's a 19.3% upside from where the stock is now.
Live Nation Entertainment
David Joyce from Seaport Global has some good things to say. He gave it a "Buy" rating and set a price target of $190.00. The stock closed at $144.43 last Friday. That's a big jump from where it is now!
- Analyst: David Joyce
- Rating: Buy
- Price Target: $190.00
- Current Stock Price: $144.43
- Analyst Success Rate: 64.0%
- Average Analyst Price Target: $174.24 (20.1% upside)
Joyce is a 5-star analyst with a success rate of 64.0%. He usually looks at companies like Sphere Entertainment and AMC Networks. But what do other analysts think? Well, most of them agree with Joyce. They say "Strong Buy" and predict an average price target of $174.24. That's a 20.1% upside from where the stock is now.
The Big Picture
So, what's the big picture? Well, it's clear that analysts have different opinions. Some think Cogeco Communications is worth a "Hold", while others think Live Nation Entertainment is worth a "Buy". But one thing is for sure: the stock market is always full of surprises.
