Cancom SE (ETR:COK) Receives €63.33 Consensus Price Target from Analysts

Cancom SE (ETR:COK) has earned an average recommendation of “Buy” from the seven analysts that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is €63.33 ($74.51).

A number of brokerages recently weighed in on COK. Deutsche Bank Aktiengesellschaft set a €58.00 ($68.24) price target on shares of Cancom in a research report on Monday, August 16th. Hauck and Aufhaeuser set a €73.00 ($85.88) target price on shares of Cancom in a report on Thursday, August 12th. Kepler Capital Markets set a €59.00 ($69.41) target price on shares of Cancom and gave the stock a “buy” rating in a report on Wednesday, May 26th. Berenberg Bank set a €62.00 ($72.94) target price on shares of Cancom in a report on Monday, August 16th. Finally, Warburg Research set a €60.00 ($70.59) target price on shares of Cancom in a report on Thursday, September 2nd.

Shares of ETR:COK traded down €0.20 ($0.24) during mid-day trading on Friday, reaching €53.08 ($62.45). The stock had a trading volume of 74,847 shares, compared to its average volume of 91,248. The firm has a market cap of $2.05 billion and a PE ratio of 30.33. The firm has a 50 day simple moving average of €53.63 and a two-hundred day simple moving average of €51.50. The company has a current ratio of 1.61, a quick ratio of 1.36 and a debt-to-equity ratio of 21.58. Cancom has a twelve month low of €32.98 ($38.80) and a twelve month high of €57.66 ($67.84).

About Cancom

CANCOM SE, together with its subsidiaries, provides information technology (IT) infrastructure and services in Germany, Austria, the United Kingdom, Ireland, Belgium, Switzerland, and the United States. The company operates through Cloud Solutions and IT Solutions segments. The Cloud Solutions segment provides cloud and shared managed services, including project-related cloud hardware, software, and services.

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Analyst Recommendations for Cancom (ETR:COK)

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