equinet set a €5.00 ($5.81) target price on Ceconomy (ETR:CEC1) in a research note published on Wednesday morning. The firm currently has a neutral rating on the stock.

Several other analysts also recently commented on CEC1. Commerzbank set a €7.50 ($8.72) target price on shares of Ceconomy and gave the stock a sell rating in a research report on Thursday, July 26th. HSBC set a €12.50 ($14.53) target price on shares of Ceconomy and gave the stock a buy rating in a research report on Friday, August 10th. Baader Bank set a €10.00 ($11.63) target price on shares of Ceconomy and gave the stock a buy rating in a research report on Tuesday, August 14th. JPMorgan Chase & Co. set a €9.00 ($10.47) target price on shares of Ceconomy and gave the stock a neutral rating in a research report on Tuesday, August 14th. Finally, Goldman Sachs Group set a €9.40 ($10.93) target price on shares of Ceconomy and gave the stock a neutral rating in a research report on Tuesday, August 14th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. Ceconomy has an average rating of Hold and an average price target of €6.56 ($7.63).

Ceconomy stock opened at €5.50 ($6.40) on Wednesday. Ceconomy has a twelve month low of €8.88 ($10.33) and a twelve month high of €29.50 ($34.30).

About Ceconomy

Ceconomy AG engages in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE!, a music streaming service that comprise songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New!, a purchasing service for consumer electronics, which allow customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world.

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Analyst Recommendations for Ceconomy (ETR:CEC1)

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