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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. ....
Markets Oppenheimer analyst Timothy Horan assigned a Hold rating to Cogent Comms (CCOI – Research Report) yesterday. The company’s shares closed last Wednesday at $68.56. According to TipRanks.com, Horan is a 5-star analyst with an average return of 19.0% and a 69.2% success rate. Horan covers the Technology sector, focusing on stocks such as Rackspace Technology, Lumen Technologies, and Digital Turbine. Currently, the analyst consensus on Cogent Comms is a Moderate Buy with an average price target of $69.50. Cogent Comms’ market cap is currently $3.29B and has a P/E ratio of 572.80. The company has a Price to Book ratio of -11.15. ....