Cancom (ETR:COK) PT Set at €58.00 by Deutsche Bank Rese…

Deutsche Bank Rese… set a €58.00 ($61.05) price objective on Cancom (ETR:COK – Get Rating) in a report published on Thursday morning, Borsen Zeitung reports.

Other analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft set a €73.00 ($76.84) price objective on Cancom in a research report on Wednesday, February 9th. Hauck and Aufhaeuser set a €80.00 ($84.21) price target on shares of Cancom in a research note on Wednesday, February 9th. Warburg Research set a €62.00 ($65.26) price objective on shares of Cancom in a research report on Wednesday. Jefferies Financial Group set a €81.00 ($85.26) target price on Cancom in a research report on Wednesday. Finally, Berenberg Bank set a €72.00 ($75.79) price target on Cancom in a research note on Thursday, March 31st. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of Buy and an average price target of €67.14 ($70.68).

Shares of Cancom stock opened at €36.58 ($38.51) on Thursday. The stock has a 50 day moving average of €51.26 and a 200 day moving average of €55.19. The company has a debt-to-equity ratio of 15.94, a quick ratio of 2.12 and a current ratio of 2.29. The firm has a market capitalization of $1.41 billion and a price-to-earnings ratio of 5.17. Cancom has a fifty-two week low of €44.34 ($46.67) and a fifty-two week high of €64.82 ($68.23).

About Cancom (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.

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