Warburg Research Analysts Give Cancom (ETR:COK) a €62.00 Price Target

Cancom (ETR:COKGet Rating) received a €62.00 ($65.26) target price from Warburg Research in a research note issued to investors on Wednesday, Borsen Zeitung reports. Warburg Research’s price target points to a potential upside of 38.21% from the company’s previous close.

Other research analysts also recently issued reports about the company. Hauck and Aufhaeuser set a €80.00 ($84.21) price objective on Cancom in a research report on Wednesday, February 9th. Berenberg Bank set a €72.00 ($75.79) price target on Cancom in a report on Thursday, March 31st. Deutsche Bank Aktiengesellschaft set a €73.00 ($76.84) price target on Cancom in a report on Wednesday, February 9th. Jefferies Financial Group set a €81.00 ($85.26) price target on Cancom in a report on Wednesday. Finally, Deutsche Bank Rese… set a €70.00 ($73.68) price target on Cancom in a report on Wednesday, March 30th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of €71.00 ($74.74).

Shares of Cancom stock opened at €44.86 ($47.22) on Wednesday. The company has a debt-to-equity ratio of 15.94, a current ratio of 2.29 and a quick ratio of 2.12. Cancom has a 1 year low of €44.34 ($46.67) and a 1 year high of €64.82 ($68.23). The company has a market capitalization of $1.73 billion and a P/E ratio of 6.34. The business has a 50 day moving average price of €51.58 and a 200 day moving average price of €55.37.

Cancom Company Profile (Get Rating)

CANCOM SE, together with its subsidiaries, offers information technology (IT) infrastructure and services in Germany and internationally. The company operates in 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.

Featured Articles

Analyst Recommendations for Cancom (ETR:COK)

Receive News & Ratings for Cancom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cancom and related companies with MarketBeat.com's FREE daily email newsletter.