Cerillion (LON:CER) Given Buy Rating at Canaccord Genuity Group

Cerillion (LON:CER)‘s stock had its “buy” rating reissued by analysts at Canaccord Genuity Group in a research note issued on Monday,Digital Look reports. They currently have a GBX 2,060 target price on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 85.67% from the stock’s previous close.

CER has been the topic of a number of other research reports. Berenberg Bank restated a “buy” rating and issued a GBX 2,015 target price on shares of Cerillion in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 1,575 price target on shares of Cerillion in a research note on Tuesday, June 2nd. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cerillion has an average rating of “Moderate Buy” and an average target price of GBX 1,934.

Cerillion Stock Performance

CER opened at GBX 1,109.50 on Monday. The company has a current ratio of 4.83, a quick ratio of 2.75 and a debt-to-equity ratio of 6.60. The company’s fifty day moving average price is GBX 1,288.12 and its two-hundred day moving average price is GBX 1,356.08. Cerillion has a 1-year low of GBX 990 and a 1-year high of GBX 1,770. The company has a market cap of £327.76 million, a price-to-earnings ratio of 23.96 and a beta of 0.46.

Cerillion (LON:CER) last released its quarterly earnings data on Monday, June 1st. The company reported GBX 14.10 earnings per share for the quarter. The firm had revenue of GBX 1,801 million for the quarter. Cerillion had a net margin of 32.24% and a return on equity of 22.77%. On average, analysts expect that Cerillion will post 53.0708661 EPS for the current fiscal year.

About Cerillion

Established in 1999, Cerillion provides mission-critical software for billing, charging and customer relationship management mainly for telecommunications providers, but also for other sectors, including energy and utilities.

Cerillion provides customers with a fully-integrated, functionally-rich product suite that provides a complete end-to-end solution. It offers customers a range of pre-integrated modules, which may be taken selectively for particular functions or together for a complete solution.