Cogent Communications Stock Target Price and Analyst Consensus
CCOI Stock | USD 83.16 0.36 0.43% |
The current analyst and expert consensus on Cogent Communications is Buy, with 1 strong sell and 5 strong buy opinions. The current projected Cogent Communications target price consensus is 77.50 with 12 analyst opinions. Check out Macroaxis Advice on Cogent Communications to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. The most common way Cogent Communications analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Cogent Communications executives and customers to further validate their buy or sell advice. Cogent Communications buy-or-sell recommendation module provides average expert sentiment on the projected Cogent Communications target price to derive its highest and lowest estimates based on projected price volatility of 1.6893.
Lowest Forecast 70.53 | Highest Forecast 86.03 | Target Price 77.5 |
Cogent |
It's important to approach Cogent Communications' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Cogent Communications price targets
Cogent Communications' stock target price is an estimate of its future price, usually made by analysts. Using Cogent Communications' target price to determine if it is a suitable investment can be done through the following steps:- Look at Cogent Communications' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Cogent Communications' stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Cogent Communications Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cogent Communications is a key component of Cogent Communications valuation and have some predictive power on the future returns of a Cogent Communications.Trending Themes
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Check out Macroaxis Advice on Cogent Communications to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.