Cancom SE (ETR:COK) has been given an average rating of “Buy” by the six brokerages that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is €71.50 ($85.12).

A number of research analysts have commented on the company. Hauck & Aufhaeuser set a €74.00 ($88.10) price objective on Cancom and gave the stock a “buy” rating in a research report on Monday, November 13th. Kepler Capital Markets set a €74.00 ($88.10) price objective on Cancom and gave the stock a “buy” rating in a research report on Monday, November 13th. Warburg Research set a €69.00 ($82.14) price objective on Cancom and gave the stock a “buy” rating in a research report on Friday, November 10th. Commerzbank set a €63.00 ($75.00) price objective on Cancom and gave the stock a “neutral” rating in a research report on Thursday, November 9th. Finally, Baader Bank set a €69.00 ($82.14) price objective on Cancom and gave the stock a “buy” rating in a research report on Monday, November 13th.

Cancom (ETR COK) traded down €0.06 ($0.07) during mid-day trading on Friday, hitting €68.70 ($81.79). The company had a trading volume of 67,883 shares, compared to its average volume of 78,131. Cancom has a 1-year low of €41.68 ($49.62) and a 1-year high of €69.90 ($83.21).

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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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