Hauck & Aufhaeuser set a €60.00 ($69.77) target price on Cancom (ETR:COK) in a research report sent to investors on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research analysts have also recently issued reports on the company. Warburg Research set a €47.00 ($54.65) target price on Cancom and gave the company a buy rating in a research note on Thursday, April 4th. HSBC set a €25.00 ($29.07) target price on Peugeot and gave the company a buy rating in a research note on Thursday, May 16th. Kepler Capital Markets set a €87.00 ($101.16) target price on Bechtle and gave the company a neutral rating in a research note on Monday, April 29th. Finally, Berenberg Bank reissued a buy rating and issued a GBX 800 ($10.45) target price on shares of John Menzies in a research note on Friday, May 17th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of €48.43 ($56.31).
ETR:COK opened at €48.80 ($56.74) on Friday. Cancom has a 1 year low of €27.28 ($31.72) and a 1 year high of €52.05 ($60.52). The company has a current ratio of 1.34, a quick ratio of 1.20 and a debt-to-equity ratio of 1.54. The firm has a market capitalization of $1.71 billion and a PE ratio of 40.46. The firm has a 50-day simple moving average of €45.28.
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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