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Analysts’ Opinions Are Mixed on These Communication Services Stocks: StarHub (OtherSRHBF) and Cogent Comms (CCOI)

Tipranks - Fri Feb 20, 4:52AM CST

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on StarHub (SRHBFResearch Report) and Cogent Comms (CCOIResearch Report).

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StarHub (SRHBF)

In a report released today, Sachin Mittal from DBS maintained a Hold rating on StarHub, with a price target of S$0.94. The company’s shares closed last Monday at $0.87.

According to TipRanks.com, Mittal is a 5-star analyst with an average return of 22.7% and a 70.7% success rate. Mittal covers the Technology sector, focusing on stocks such as International Business Machines, Microsoft, and Grab. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for StarHub with a $0.82 average price target, which is a -5.7% downside from current levels. In a report released yesterday, TipRanks – Google also downgraded the stock to Hold with a S$1.00 price target.

See the top stocks recommended by analysts >>

Cogent Comms (CCOI)

In a report released today, Gregory Williams from TD Cowen maintained a Buy rating on Cogent Comms, with a price target of $52.00. The company’s shares closed last Wednesday at $27.66.

According to TipRanks.com, Williams is a 3-star analyst with an average return of 3.4% and a 45.4% success rate. Williams covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Charter Communications, and Lumen Technologies. ;'>

Currently, the analyst consensus on Cogent Comms is a Moderate Buy with an average price target of $36.50, a 38.6% upside from current levels. In a report issued on February 17, KeyBanc also maintained a Buy rating on the stock.

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