Analysts Have Conflicting Sentiments on These Communication Services Companies: Cogent Comms (CCOI) and Omnicom Group (OMC)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Cogent Comms (CCOI – Research Report) and Omnicom Group (OMC – Research Report).
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Cogent Comms (CCOI)
KeyBanc analyst Brandon Nispel maintained a Buy rating on Cogent Comms today and set a price target of $25.00. The company’s shares closed last Friday at $18.59.
According to TipRanks.com, Nispel is a 4-star analyst with an average return of
Cogent Comms has an analyst consensus of Hold, with a price target consensus of $25.80, a 15.7% upside from current levels. In a report issued on February 19, TD Cowen also maintained a Buy rating on the stock with a $52.00 price target.
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Omnicom Group (OMC)
Barclays analyst Julien Roch maintained a Hold rating on Omnicom Group on February 20 and set a price target of $90.00. The company’s shares closed last Friday at $83.26, close to its 52-week low of $78.69.
According to TipRanks.com, Roch is ranked #7531 out of 12109 analysts.
Omnicom Group has an analyst consensus of Moderate Buy, with a price target consensus of $97.14, representing a 18.8% upside. In a report issued on February 21, TipRanks – OpenAI also downgraded the stock to Hold with a $86.00 price target.
