Cancom SE (COK) Receives €79.58 Average PT from Brokerages
Cancom SE (ETR:COK) has received a consensus rating of “Hold” from the six brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is €70.42 ($81.88).
A number of research analysts have recently commented on COK shares. Hauck & Aufhaeuser set a €110.00 ($127.91) price objective on shares of Cancom and gave the company a “buy” rating in a research report on Tuesday, April 17th. Baader Bank set a €39.50 ($45.93) price objective on shares of Cancom and gave the company a “sell” rating in a research report on Thursday. Finally, Commerzbank set a €53.00 ($61.63) price objective on shares of Cancom and gave the company a “neutral” rating in a research report on Monday, July 23rd.
Cancom stock traded down €1.68 ($1.95) on Thursday, reaching €41.70 ($48.49). 227,275 shares of the stock were exchanged, compared to its average volume of 91,248. Cancom has a twelve month low of €47.44 ($55.16) and a twelve month high of €83.05 ($96.57).
CANCOM SE provides information technology (IT) infrastructure and services primarily in Germany, Austria, and the United States. 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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