Hauck & Aufhaeuser set a €67.00 ($77.91) price objective on Cancom (ETR:COK) in a research report sent to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other brokerages have also issued reports on COK. Berenberg Bank set a €49.00 ($56.98) target price on shares of Cancom and gave the company a buy rating in a research report on Wednesday, September 25th. Warburg Research set a €57.00 ($66.28) target price on shares of Cancom and gave the company a buy rating in a research report on Tuesday, October 15th. Finally, HSBC set a €55.00 ($63.95) target price on shares of Cancom and gave the company a buy rating in a research report on Thursday, August 15th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Cancom has a consensus rating of Buy and an average target price of €56.20 ($65.35).
Shares of ETR COK opened at €53.15 ($61.80) on Thursday. The company’s 50-day simple moving average is €49.44 and its 200-day simple moving average is €48.31. Cancom has a 52-week low of €27.28 ($31.72) and a 52-week high of €56.60 ($65.81). The firm has a market cap of $1.86 billion and a price-to-earnings ratio of 39.75. The company has a quick ratio of 1.21, a current ratio of 1.35 and a debt-to-equity ratio of 14.22.
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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