Baader Bank set a €79.00 ($94.05) price target on Cancom (ETR:COK) in a report published on Friday. The brokerage currently has a buy rating on the stock.
A number of other equities analysts have also recently commented on COK. Hauck & Aufhaeuser set a €74.00 ($88.10) price target on Cancom and gave the stock a buy rating in a report on Monday, October 2nd. Commerzbank set a €63.00 ($75.00) price objective on Cancom and gave the stock a neutral rating in a research report on Thursday, November 9th. Berenberg Bank set a €80.00 ($95.24) price objective on Cancom and gave the stock a buy rating in a research report on Wednesday, October 4th. Warburg Research set a €69.00 ($82.14) price objective on Cancom and gave the stock a buy rating in a research report on Friday, November 10th. Finally, Kepler Capital Markets set a €74.00 ($88.10) price objective on Cancom and gave the stock a buy rating in a research report on Monday, November 13th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Cancom presently has an average rating of Buy and a consensus price target of €73.17 ($87.10).
Cancom (ETR:COK) opened at €72.10 ($85.83) on Friday. Cancom has a fifty-two week low of €42.43 ($50.51) and a fifty-two week high of €72.10 ($85.83). The company has a market capitalization of $1,260.00 and a price-to-earnings ratio of 35.17.
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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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