Cancom SE (COK) Receives €78.83 Average Target Price from Analysts

Cancom SE (ETR:COK) has been given a consensus recommendation of “Buy” by the six brokerages that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is €78.83 ($97.33).

Several analysts have recently issued reports on COK shares. Baader Bank set a €79.00 ($97.53) price target on shares of Cancom and gave the stock a “neutral” rating in a research report on Friday, March 2nd. Kepler Capital Markets set a €74.00 ($91.36) price target on shares of Cancom and gave the stock a “buy” rating in a research report on Tuesday, February 13th. Commerzbank set a €63.00 ($77.78) price target on shares of Cancom and gave the stock a “neutral” rating in a research report on Tuesday, February 13th. Hauck & Aufhaeuser set a €100.00 ($123.46) price target on shares of Cancom and gave the stock a “buy” rating in a research report on Tuesday, February 13th. Finally, Warburg Research set a €77.00 ($95.06) price target on shares of Cancom and gave the stock a “neutral” rating in a research report on Friday, March 23rd.

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Shares of COK traded up €2.25 ($2.78) during mid-day trading on Thursday, hitting €89.75 ($110.80). 148,347 shares of the company’s stock were exchanged, compared to its average volume of 91,248. Cancom has a fifty-two week low of €47.44 ($58.57) and a fifty-two week high of €83.05 ($102.53).

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About Cancom

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.

Analyst Recommendations for Cancom (ETR:COK)

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