Cancom (ETR:COK) Given a €44.00 Price Target at Jefferies Financial Group

Cancom (ETR:COKGet Rating) has been assigned a €44.00 ($45.36) price target by Jefferies Financial Group in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. Jefferies Financial Group’s price objective would suggest a potential upside of 55.48% from the company’s previous close.

Several other equities analysts have also weighed in on the company. Warburg Research set a €52.00 ($53.61) price objective on Cancom in a research note on Monday. Deutsche Bank Aktiengesellschaft set a €40.00 ($41.24) price objective on Cancom in a research note on Thursday, November 3rd. Berenberg Bank set a €37.00 ($38.14) target price on Cancom in a report on Friday, November 11th. Finally, Hauck Aufhäuser Investment Banking set a €41.00 ($42.27) target price on Cancom in a report on Tuesday, November 1st.

Cancom Stock Down 1.1 %

Shares of ETR:COK opened at €28.30 ($29.18) on Wednesday. The firm has a market cap of $1.09 billion and a price-to-earnings ratio of 24.61. Cancom has a 12-month low of €23.04 ($23.75) and a 12-month high of €64.82 ($66.82). The company has a current ratio of 2.09, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The stock’s 50-day moving average price is €26.19 and its two-hundred day moving average price is €31.19.

About Cancom

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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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