Cerillion (LON:CER) Price Target Lowered to GBX 2,250 at Canaccord Genuity Group

Cerillion (LON:CER) had its target price cut by Canaccord Genuity Group from GBX 2,350 to GBX 2,250 in a research report sent to investors on Monday morning, Marketbeat reports. They currently have a buy rating on the stock.

Several other brokerages also recently issued reports on CER. Berenberg Bank reissued a “buy” rating and set a GBX 2,125 price objective on shares of Cerillion in a research report on Monday. Peel Hunt reissued a “buy” rating and issued a GBX 2,020 price target on shares of Cerillion in a research note on Monday. Finally, Panmure Gordon reaffirmed a “buy” rating and set a GBX 2,000 price objective on shares of Cerillion in a research report on Monday. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 2,098.75.

Cerillion Trading Up 4.9%

LON CER opened at GBX 1,450 on Monday. Cerillion has a one year low of GBX 1,200 and a one year high of GBX 1,950. The company has a debt-to-equity ratio of 5.77, a current ratio of 4.13 and a quick ratio of 2.75. The firm has a market cap of £427.76 million, a P/E ratio of 30.15 and a beta of 0.90. The stock’s 50-day moving average is GBX 1,454.58 and its 200-day moving average is GBX 1,529.64.

Cerillion (LON:CER) last issued its quarterly earnings data on Monday, November 24th. The company reported GBX 56.50 earnings per share (EPS) for the quarter. Cerillion had a return on equity of 30.92% and a net margin of 34.15%. Sell-side analysts anticipate that Cerillion will post 53.0708661 earnings per share for the current fiscal year.

About Cerillion

Established in 1999, Cerillion provides mission-critical software for billing, charging and customer relationship management mainly for telecommunications providers, but also for other sectors, including energy and utilities.

Cerillion provides customers with a fully-integrated, functionally-rich product suite that provides a complete end-to-end solution.