Baader Bank set a €79.00 ($97.53) price objective on Cancom (ETR:COK) in a report issued on Wednesday morning. The firm currently has a neutral rating on the stock.
A number of other equities analysts also recently issued reports on COK. Commerzbank set a €63.00 ($77.78) price target on Cancom and gave the company a neutral rating in a research note on Tuesday, February 13th. Hauck & Aufhaeuser set a €100.00 ($123.46) price target on Cancom and gave the company a buy rating in a research note on Tuesday, February 13th. Kepler Capital Markets set a €74.00 ($91.36) price target on Cancom and gave the company a buy rating in a research note on Tuesday, February 13th. Finally, Warburg Research set a €77.00 ($95.06) price target on Cancom and gave the company a neutral rating in a research note on Friday, March 23rd. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of €78.83 ($97.33).
COK stock opened at €89.75 ($110.80) on Wednesday. Cancom has a 52-week low of €47.44 ($58.57) and a 52-week high of €83.05 ($102.53).
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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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