“The Sea-Doo Switch could be a game-changer in the industry and allow BRP to generate significant additional revenue over the next few years,” said Cameron Doerksen, analyst at National Bank.

What to do with the titles of Cogeco Cable, SNC-Lavalin and BRP? Here are some recommendations from analysts likely to move prices in the near future. Note: the author may have a totally different opinion from that expressed.

Cogeco Cable (CCA, $ 116.30): towards an IPO of the American subsidiary?

After the release of quarterly financial results about a month ago, TD analysts are polishing their work and raising the value of Cogeco Cable’s stock somewhat.

TD has raised its forecasts for all US cable companies analyzed, such as Charter and Comcast. Analyst Vince Valentini believes it is also justified to raise the value of Atlantic Broadband, the US subsidiary of Cogeco Cable.

“We believe that good quality US cable assets are gaining in value and that Cogeco could crystallize that value within a few years through an initial public offering,” he wrote.

In addition to raising the value of Atlantic Broadband, the TD analyst also decided to withdraw a 5% discount he had attached to Cogeco Cable, believing that there was “no evidence that the participation of 21% of the Caisse de dépôt et placement du Québec would slow down growth and value creation within the company ”.

The analyst reiterates his “buy” recommendation on the stock and raises its one-year target price from five dollars to $ 135.00.

In addition, since approximately 90% of the equity value of parent company Cogeco comes from its cable subsidiary, Vince Valentini is also raising his one-year target price of $ 5 on the latter’s stock to 140. $ 00.

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“We believe that Cogeco stock continues to trade at very attractive levels. The discount to net asset value rose to 24.2%, from 22.7% when the company released its third quarter 2021 results almost a month ago, ” he writes.

Taking into account the current value of the stock of $ 90.25, the upside potential is, according to the analyst, 58% year on year.

SNC-Lavalin (SNC, $ 34.21): sale of oil and gas activities completed


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