Cerillion’s (CER) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Cerillion (LON:CER) in a research report report published on Wednesday morning,Digital Look reports. Canaccord Genuity Group currently has a GBX 2,250 target price on the stock.

Separately, Berenberg Bank reduced their price target on shares of Cerillion from GBX 2,200 to GBX 2,015 and set a “buy” rating on the stock in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 2,071.25.

Cerillion Price Performance

Cerillion stock opened at GBX 1,300 on Wednesday. The stock has a market cap of £384.02 million, a P/E ratio of 23.13 and a beta of 0.55. The company’s 50 day moving average price is GBX 1,355.60 and its two-hundred day moving average price is GBX 1,402.94. The company has a quick ratio of 2.75, a current ratio of 4.45 and a debt-to-equity ratio of 5.55. Cerillion has a 52 week low of GBX 990 and a 52 week high of GBX 1,950.

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.