Deutsche Bank Aktiengesellschaft Cuts Cerillion (LON:CER) Price Target to GBX 1,400

Cerillion (LON:CER) had its price target trimmed by Deutsche Bank Aktiengesellschaft from GBX 1,575 to GBX 1,400 in a report released on Wednesday morning,Digital Look reports. The brokerage currently has a buy rating on the stock.

Several other analysts have also recently issued reports on the stock. Berenberg Bank reissued a “buy” rating and set a GBX 2,015 price objective on shares of Cerillion in a research note on Monday, June 1st. Canaccord Genuity Group restated a “buy” rating and set a GBX 2,060 price objective on shares of Cerillion in a report on Monday, June 29th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 1,899.

Cerillion Price Performance

CER opened at GBX 972 on Wednesday. The company’s 50 day simple moving average is GBX 1,015.68 and its 200 day simple moving average is GBX 1,228.77. The company has a debt-to-equity ratio of 6.60, a quick ratio of 2.75 and a current ratio of 4.83. Cerillion has a 1 year low of GBX 890 and a 1 year high of GBX 1,770. The stock has a market capitalization of £287.14 million, a PE ratio of 20.99 and a beta of 0.49.

Cerillion (LON:CER) last released its earnings results on Monday, June 1st. The company reported GBX 14.10 earnings per share (EPS) for the quarter. Cerillion had a net margin of 32.24% and a return on equity of 22.77%. The firm had revenue of GBX 1,801 million during the quarter. As a group, sell-side analysts expect that Cerillion will post 53.0708661 EPS for the current year.

Cerillion Company Profile

Established in 1999, Cerillion provides mission-critical software for billing, charging and customer relationship management mainly for telecommunications providers, but also for other sectors, including energy and utilities.

Cerillion provides customers with a fully-integrated, functionally-rich product suite that provides a complete end-to-end solution. It offers customers a range of pre-integrated modules, which may be taken selectively for particular functions or together for a complete solution.