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

Rating:
Buy CCOI
up 85.04 %

Cogent Communications Group, Inc. (CCOI) rated Buy with price target $18 by Collins Stewart

Posted on: Friday,  Aug 5, 2011  8:25 AM ET by Collins Stewart

Collins Stewart rated Buy Cogent Communications Group, Inc. (NASDAQ: CCOI) on 08/05/2011, when the stock price was $14.78.
Since then, Cogent Communications Group, Inc. has gained 85.05% as of 01/27/2016's recent price of $27.35.
If you would have followed this Collins Stewart's recommendation on CCOI, you would have gained 85.04% of your investment in 1636 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.

Collins Stewart's research department is built around a number of sector-specialist teams. Our analysts are leaders in their area of specialisation and combine deep industry knowledge with decades of stock broking experience to produce insightful, independent sector research. Our research approach encompasses Questâ„¢ principles and focuses on cash-driven valuation techniques. Research is a Collins Stewart cornerstone; it is leveraged throughout the organisation.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/5/2011 8:25 AM Buy
None
14.78 18.00
as of 12/30/2011
1 Week down  -0.58 %
1 Month down  -0.70 %
3 Months up  25.57 %
1 YTD up  14.27 %

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