Corero Network Security (LON:CNS) Given New GBX 12 Price Target at Canaccord Genuity Group

Corero Network Security (LON:CNS) had its target price boosted by Canaccord Genuity Group from GBX 11.50 ($0.15) to GBX 12 ($0.15) in a report issued on Wednesday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Corero Network Security Stock Down 1.6 %

CNS stock opened at GBX 9.10 ($0.12) on Wednesday. The firm has a market cap of £46.30 million, a PE ratio of 675.00 and a beta of 0.66. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.20 and a current ratio of 1.36. The firm’s 50 day moving average price is GBX 8.55 and its 200-day moving average price is GBX 8.38. Corero Network Security has a one year low of GBX 5.50 ($0.07) and a one year high of GBX 10.65 ($0.13).

About Corero Network Security

Corero Network Security plc provides distributed denial of service (DDoS) protection solutions worldwide. The company offers Corero SmartWall products to remove DDoS attack traffic. Its products include SmartWall Threat Defense System appliances for DDoS protection; SmartWall Threat Defense Director, which delivers software edge protection for the networks; SmartWall Threat Defense Cloud that protects against the cloud attacks; and SecureWatch Managed Services, a suite of configuration optimization, monitoring, and mitigation response services.