Cancom SE (ETR:COK) has been assigned a €80.00 ($93.02) price target by analysts at Berenberg Bank in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 24.15% from the stock’s previous close.
Several other brokerages also recently commented on COK. Warburg Research set a €69.00 ($80.23) target price on Cancom SE and gave the stock a “buy” rating in a research note on Friday. Commerzbank Ag set a €63.00 ($73.26) price target on Cancom SE and gave the stock a “neutral” rating in a report on Thursday. Hauck & Aufhaeuser set a €74.00 ($86.05) price target on Cancom SE and gave the stock a “buy” rating in a report on Monday, October 2nd. Baader Bank set a €63.00 ($73.26) price target on Cancom SE and gave the stock a “buy” rating in a report on Wednesday, September 20th. Finally, Kepler Capital Markets set a €67.00 ($77.91) price target on Cancom SE and gave the stock a “buy” rating in a report on Monday, July 31st. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of €69.33 ($80.62).
Cancom SE (ETR:COK) opened at €64.44 ($74.93) on Friday. Cancom SE has a 52 week low of €39.95 ($46.45) and a 52 week high of €68.80 ($80.00).
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About Cancom SE
CANCOM SE provides information technology (IT) infrastructure and services primarily in Germany, Austria, and the United States. The company operates through two segments, Cloud Solutions and IT Solutions. The Cloud Solutions segment provides cloud and shared managed services, including project-related cloud hardware, software, and services.
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