Cancom (COK) Given a €51.00 Price Target at HSBC

Cancom (ETR:COK) received a €51.00 ($59.30) price objective from stock analysts at HSBC in a report issued on Thursday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. HSBC’s target price suggests a potential upside of 11.40% from the company’s previous close.

A number of other research analysts have also recently issued reports on COK. Hauck & Aufhaeuser set a €55.00 ($63.95) price target on shares of Cancom and gave the stock a “buy” rating in a report on Monday, January 28th. Warburg Research set a €40.00 ($46.51) price target on shares of Cancom and gave the stock a “buy” rating in a report on Monday, January 28th. Berenberg Bank set a €49.00 ($56.98) price target on shares of Cancom and gave the stock a “buy” rating in a report on Tuesday, April 9th. Finally, Kepler Capital Markets set a €44.00 ($51.16) price target on shares of Cancom and gave the stock a “neutral” rating in a report on Monday, April 29th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of €47.71 ($55.48).

ETR COK opened at €45.78 ($53.23) on Thursday. The firm has a market capitalization of $1.60 billion and a price-to-earnings ratio of 37.93. Cancom has a 12-month low of €27.28 ($31.72) and a 12-month high of €52.05 ($60.52). The company has a debt-to-equity ratio of 1.55, a current ratio of 1.28 and a quick ratio of 1.18.

About Cancom

CANCOM SE provides information technology (IT) infrastructure and services in Germany, Austria, Belgium, Switzerland, the United States, and the United Kingdom. The company operates through Cloud Solutions and IT Solutions segments. The Cloud Solutions segment provides cloud and shared managed services, including project-related cloud hardware, software, and services.

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Analyst Recommendations for Cancom (ETR:COK)

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