Cerillion (LON:CER) Price Target Lowered to GBX 1,400 at Deutsche Bank Aktiengesellschaft

Cerillion (LON:CER) had its price target cut by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 1,575 to GBX 1,400 in a research report issued to clients and investors on Wednesday,Digital Look reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 45.32% from the company’s current price.

A number of other equities analysts have also recently issued reports on the stock. Berenberg Bank restated a “buy” rating and issued a GBX 2,015 price objective on shares of Cerillion in a research note on Monday, June 1st. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 2,060 target price on shares of Cerillion in a research report on Monday, June 29th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 1,899.

Cerillion Stock Performance

CER opened at GBX 963.40 on Wednesday. The stock’s 50 day simple moving average is GBX 1,030.94 and its 200-day simple moving average is GBX 1,240.14. 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 stock has a market cap of £284.60 million, a PE ratio of 20.81 and a beta of 0.49. Cerillion has a 1 year low of GBX 890 and a 1 year high of GBX 1,770.

Cerillion (LON:CER) last issued its earnings results on Monday, June 1st. The company reported GBX 14.10 EPS for the quarter. Cerillion had a return on equity of 22.77% and a net margin of 32.24%.The firm had revenue of GBX 1,801 million during the quarter. Sell-side analysts forecast that Cerillion will post 53.0708661 EPS for the current year.

Cerillion Company Profile

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.