Cancom SE (ETR:COK) Receives €53.33 Average PT from Brokerages

Shares of Cancom SE (ETR:COK) have been given a consensus recommendation of “Buy” by the six ratings firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is €53.33 ($62.02).

Several research analysts recently issued reports on the stock. Warburg Research set a €53.00 ($61.63) target price on shares of Cancom and gave the stock a “buy” rating in a research note on Friday, July 26th. Hauck & Aufhaeuser set a €66.00 ($76.74) target price on shares of Cancom and gave the stock a “buy” rating in a research note on Wednesday, September 11th. Finally, HSBC set a €55.00 ($63.95) target price on shares of Cancom and gave the stock a “buy” rating in a research note on Thursday, August 15th.

ETR COK traded down €0.45 ($0.52) on Friday, hitting €52.55 ($61.10). 266,603 shares of the company were exchanged, compared to its average volume of 91,248. The company has a market cap of $1.84 billion and a PE ratio of 39.30. Cancom has a 12 month low of €27.28 ($31.72) and a 12 month high of €56.60 ($65.81). The stock has a fifty day moving average of €51.14 and a 200-day moving average of €45.67. The company has a current ratio of 1.35, a quick ratio of 1.21 and a debt-to-equity ratio of 14.22.



About Cancom

CANCOM SE provides information technology (IT) infrastructure and services in Germany, Austria, Belgium, Switzerland, the United States, and the United Kingdom. The company operates through Cloud Solutions and IT Solutions segments. The Cloud Solutions segment provides cloud and shared managed services, including project-related cloud hardware, software, and services.

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Analyst Recommendations for Cancom (ETR:COK)

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