Cancom (ETR:COK) has been given a €61.00 ($70.93) target price by equities research analysts at Hauck & Aufhaeuser in a note issued to investors on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s target price would indicate a potential upside of 67.21% from the company’s previous close.
Several other equities research analysts also recently commented on COK. Kepler Capital Markets set a €60.00 ($69.77) price target on shares of Cancom and gave the company a “buy” rating in a research report on Thursday, February 27th. Warburg Research set a €61.00 ($70.93) price objective on shares of Cancom and gave the company a “buy” rating in a research note on Thursday, February 6th. Berenberg Bank set a €60.00 ($69.77) price objective on shares of Cancom and gave the company a “buy” rating in a research note on Tuesday. Finally, DZ Bank reiterated a “buy” rating on shares of Cancom in a research note on Wednesday, March 11th. Six research analysts have rated the stock with a buy rating, Cancom has an average rating of “Buy” and an average price target of €59.40 ($69.07).
Shares of ETR:COK opened at €36.48 ($42.42) on Wednesday. The company has a debt-to-equity ratio of 18.23, a quick ratio of 1.26 and a current ratio of 1.44. The company has a market cap of $1.41 billion and a PE ratio of 23.43. Cancom has a 52 week low of €31.20 ($36.28) and a 52 week high of €57.10 ($66.40). The firm has a 50 day simple moving average of €45.28 and a 200 day simple moving average of €49.98.
Cancom Company Profile
CANCOM SE provides information technology (IT) infrastructure and services in Germany, Austria, Belgium, Switzerland, the United States, and the United Kingdom. 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.
Recommended Story: How to Trade Using Analysts Ratings
Receive News & Ratings for Cancom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cancom and related companies with MarketBeat.com's FREE daily email newsletter.