Ceconomy (ETR:CEC1) Given a €6.10 Price Target at Independent Research

Share on StockTwits

Independent Research set a €6.10 ($7.09) price objective on Ceconomy (ETR:CEC1) in a report released on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other research analysts also recently issued reports on the company. Barclays set a $34.00 price target on DCP Midstream and gave the company a hold rating in a report on Wednesday, May 22nd. HSBC set a €5.80 ($6.74) price target on Ceconomy and gave the company a neutral rating in a report on Wednesday, July 3rd. JPMorgan Chase & Co. set a €20.00 ($23.26) price target on STMicroelectronics and gave the company a buy rating in a report on Tuesday, May 21st. Baader Bank set a €42.00 ($48.84) price target on Covestro and gave the company a sell rating in a report on Wednesday, July 3rd. Finally, Goldman Sachs Group reaffirmed a neutral rating and set a $178.00 price target on shares of Apple in a report on Tuesday, May 21st. One analyst has rated the stock with a sell rating and ten have assigned a hold rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of €5.35 ($6.22).

Shares of Ceconomy stock opened at €5.05 ($5.87) on Monday. The firm has a market cap of $13.52 million and a PE ratio of -8.08. The company has a quick ratio of 0.59, a current ratio of 0.97 and a debt-to-equity ratio of 37.66. Ceconomy has a twelve month low of €3.23 ($3.76) and a twelve month high of €8.40 ($9.77). The business has a 50-day simple moving average of €4.84.

About Ceconomy

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.

Recommended Story: What are the advantages to having securities held in street name?

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.



Latest News

PLDT  Rating Lowered to Hold at Zacks Investment Research
PLDT Rating Lowered to Hold at Zacks Investment Research
AtriCure  Stock Rating Lowered by Northland Securities
AtriCure Stock Rating Lowered by Northland Securities
Bradesco Corretora Reiterates “Neutral” Rating for Ternium
Bradesco Corretora Reiterates “Neutral” Rating for Ternium
Meridian Bioscience  Rating Lowered to Sell at ValuEngine
Meridian Bioscience Rating Lowered to Sell at ValuEngine
Unum Therapeutics  Price Target Lowered to $13.00 at Wedbush
Unum Therapeutics Price Target Lowered to $13.00 at Wedbush
Zendesk  Research Coverage Started at Compass Point
Zendesk Research Coverage Started at Compass Point


 
© 2006-2019 Zolmax.