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Cogent Communications Group, Inc. (CCOI) [hlAlert]

Rating:
Buy CCOI
up 24.03 %

Cogent Communications Group, Inc. (CCOI) rated Buy with price target $30 by Maxim Group

Posted on: Thursday,  Feb 21, 2013  4:25 PM ET by Maxim Group

Maxim Group rated Buy Cogent Communications Group, Inc. (NASDAQ: CCOI) on 02/21/2013. Previously Maxim Group rated Buy Cogent Communications Group, Inc. (NASDAQ: CCOI)
on 11/30/2012., when the stock price was $22.05. Since then, Cogent Communications Group, Inc. has gained 24.04% as of 01/27/2016's recent price of $27.35.
If you would have followed the previous Maxim Group's recommendation on CCOI, you would have gained 24.03% of your investment in 1153 days.

Cogent Communications Group, Inc. (Cogent) is a facilities-based provider of Internet access and Internet protocol (IP), communications services. Its network is specifically designed and optimized to transmit data using IP. It delivers its services to small and medium-sized businesses, communications service providers and other bandwidth-intensive organizations through approximately 17,800 customer connections in North America and Europe. The Company?s primary on-net service is Internet access at a speed of 100 Megabits per second. It offers this on-net service exclusively through its own facilities, which run all the way to its customers' premises. Its typical customers in multi-tenant office buildings are law firms, financial services firms, advertising and marketing firms and other professional services businesses.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/21/2013 4:25 PM Buy
None
25.53 30.00
as of 12/13/2013
1 Week up  0.23 %
1 Month up  4.75 %
3 Months up  24.99 %
1 YTD up  71.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/30/2012 9:25 AM Buy
None
22.05 26.00
11/30/2012 9:25 AM Buy
None
22.05 26.00

(*) Stock Price at the time of the recommendation.
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