Jefferies Financial Group Reiterates €81.00 Price Target for Cancom (ETR:COK)

Jefferies Financial Group set a €81.00 ($85.26) price objective on Cancom (ETR:COK – Get Rating) in a research report sent to investors on Thursday morning, Borsen Zeitung reports.

A number of other equities analysts have also recently weighed in on COK. Deutsche Bank Aktiengesellschaft set a €73.00 ($76.84) price target on Cancom in a report on Wednesday, February 9th. Berenberg Bank set a €72.00 ($75.79) target price on Cancom in a report on Thursday, March 31st. Warburg Research set a €62.00 ($65.26) target price on Cancom in a report on Wednesday, May 4th. Hauck and Aufhaeuser set a €65.00 ($68.42) target price on Cancom in a report on Thursday, May 5th. Finally, Deutsche Bank Rese… set a €58.00 ($61.05) target price on Cancom in a report on Thursday, May 5th.

Shares of COK traded down €0.92 ($0.97) during midday trading on Thursday, reaching €35.12 ($36.97). The company had a trading volume of 155,370 shares, compared to its average volume of 91,248. The stock has a market cap of $1.35 billion and a PE ratio of 4.96. The company has a quick ratio of 2.12, a current ratio of 2.29 and a debt-to-equity ratio of 15.94. Cancom has a 1-year low of €34.96 ($36.80) and a 1-year high of €64.82 ($68.23). The firm has a 50 day simple moving average of €49.82 and a 200-day simple moving average of €54.49.

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.

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