Cancom (COK) PT Set at €63.00 by Commerzbank
Cancom (ETR:COK) has been assigned a €63.00 ($77.78) price objective by analysts at Commerzbank in a research note issued on Tuesday. The firm currently has a “neutral” rating on the stock. Commerzbank’s price objective indicates a potential downside of 17.81% from the stock’s previous close.
A number of other analysts have also recently commented on the stock. Baader Bank set a €69.00 ($85.19) target price on shares of Cancom and gave the company a “buy” rating in a report on Monday, November 13th. Berenberg Bank set a €80.00 ($98.77) target price on shares of Cancom and gave the company a “buy” rating in a report on Friday, November 10th. Hauck & Aufhaeuser set a €74.00 ($91.36) price objective on shares of Cancom and gave the stock a “buy” rating in a research note on Monday, November 13th. Kepler Capital Markets set a €74.00 ($91.36) price objective on shares of Cancom and gave the stock a “buy” rating in a research note on Monday, November 13th. Finally, Warburg Research set a €69.00 ($85.19) price objective on shares of Cancom and gave the stock a “buy” rating in a research note on Friday, November 10th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Cancom presently has an average rating of “Buy” and an average target price of €77.50 ($95.68).
Shares of Cancom (ETR COK) opened at €76.65 ($94.63) on Tuesday. Cancom has a twelve month low of €44.50 ($54.94) and a twelve month high of €77.70 ($95.93). The company has a market cap of $1,340.00 and a P/E ratio of 37.39.
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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.
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