Canaan (LON:CAN) Price Target Cut to GBX 350 by Analysts at Deutsche Bank Aktiengesellschaft

Posted by Defense World Staff on Mar 13th, 2026

Canaan (LON:CAN – Free Report) had its target price lowered by Deutsche Bank Aktiengesellschaft from GBX 400 to GBX 350 in a research report sent to investors on Thursday, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.

Canaan Price Performance

Shares of LON CAN opened at GBX 222.40 on Thursday. Canaan has a 1 year low of GBX 149.95 and a 1 year high of GBX 327.40. The company has a market capitalization of £2.18 billion and a price-to-earnings ratio of -14.83. The business has a 50-day moving average of GBX 288.65 and a two-hundred day moving average of GBX 258.50.

Canaan (LON:CAN – Get Free Report) last released its quarterly earnings data on Friday, February 20th. The company reported GBX 11.20 EPS for the quarter. Canaan had a negative net margin of 2.30% and a negative return on equity of 3.20%.

Insider Transactions at Canaan

In other Canaan news, insider Amandine Ferré purchased 35,000 shares of Canaan stock in a transaction on Wednesday, March 11th. The shares were bought at an average price of GBX 242 per share, with a total value of £84,700. Also, insider Maxime Saada purchased 35,700 shares of the stock in a transaction dated Wednesday, March 11th. The stock was acquired at an average price of GBX 245 per share, for a total transaction of £87,465. Insiders own 0.34% of the company’s stock.

Canaan Company Profile

(Get Free Report)

Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a global media and entertainment company. Following its acquisition of MultiChoice Group, a leading entertainment platform in Africa, the combined Group has 40 million subscribers, operates in over 70 countries and has approximately 17,000 employees. CANAL+ is one of the largest media companies in Europe, the market leader in Africa and has a globally recognised brand (Top 50 Most Valuable French Brands, globally. Source: Kantar BrandZ, 2025).

CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation.