Independent Research Analysts Give Ceconomy (CEC1) a €3.50 Price Target

Independent Research set a €3.50 ($4.07) price objective on Ceconomy (ETR:CEC1) in a report released on Monday morning. The firm currently has a sell rating on the stock.

A number of other research firms have also recently weighed in on CEC1. Goldman Sachs Group set a €4.70 ($5.47) price objective on shares of Ceconomy and gave the company a neutral rating in a research report on Wednesday, December 19th. Baader Bank set a €3.30 ($3.84) price objective on shares of Ceconomy and gave the company a neutral rating in a research report on Friday, February 8th. JPMorgan Chase & Co. set a €4.00 ($4.65) price objective on shares of Ceconomy and gave the company a sell rating in a research report on Monday, December 31st. HSBC set a €3.30 ($3.84) price objective on shares of Ceconomy and gave the company a neutral rating in a research report on Thursday, December 20th. Finally, Warburg Research set a €3.30 ($3.84) price target on shares of Ceconomy and gave the stock a neutral rating in a report on Tuesday, January 1st. Three analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. The stock currently has an average rating of Hold and a consensus target price of €3.92 ($4.56).

CEC1 stock opened at €4.58 ($5.33) on Monday. Ceconomy has a twelve month low of €8.88 ($10.33) and a twelve month high of €29.50 ($34.30).

Ceconomy Company Profile

Ceconomy AG engages in the consumer electronics retail business. It operates multi-channel consumer electronics stores; and Juke, a music streaming service. The company also operates iBood, a live shopping portal; and Flip4New, an online service for selling used electronic devices online. In addition, it offers professional assistance, including installation, networking, and troubleshooting of electronic appliances under the Deutsche Technikberatung brand; and services for advertisers to develop online campaigns.

Read More: The Structure of a Futures Contract

Analyst Recommendations for Ceconomy (ETR:CEC1)

Receive News & Ratings for Ceconomy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ceconomy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply