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

Rating:
Buy CCOI
down 17.42 %

Cogent Communications Group, Inc. (CCOI) rated Buy with price target $40 by BTIG Research

Posted on: Wednesday,  Oct 29, 2014  8:25 AM ET by BTIG Research

BTIG Research rated Buy Cogent Communications Group, Inc. (NASDAQ: CCOI) on 10/29/2014, when the stock price was $33.12.
Since then, Cogent Communications Group, Inc. has lost 17.42% as of 01/27/2016's recent price of $27.35.
If you would have followed this BTIG Research's recommendation on CCOI, you would have lost 17.42% of your investment in 455 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.

BTIG Research created one of the most agile and efficient sales trader-crossing networks in the industry. Widely dispersed, we operate as a tightly knit team with a single mission—to leverage our global relationships and access regional market color to proactively source natural liquidity and execute precision trades on behalf of its clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2014 8:25 AM Buy
None
33.12 40.00
as of 8/27/2015
1 Week down  -4.70 %
1 Month down  -19.88 %
3 Months down  -17.12 %
1 YTD down  -17.42 %

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