Cancom SE (COK) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of Cancom SE (ETR:COK) have earned an average recommendation of “Buy” from the six research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is €68.00 ($80.00).
A number of analysts have recently weighed in on the stock. Hauck & Aufhaeuser set a €75.00 ($88.24) price target on shares of Cancom SE and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Kepler Capital Markets set a €67.00 ($78.82) price target on shares of Cancom SE and gave the stock a “buy” rating in a research report on Monday, July 31st. Baader Bank set a €60.00 ($70.59) price target on shares of Cancom SE and gave the stock a “buy” rating in a research report on Tuesday, July 11th. Berenberg Bank set a €80.00 ($94.12) price target on shares of Cancom SE and gave the stock a “buy” rating in a research report on Wednesday, October 4th. Finally, Commerzbank Ag set a €63.00 ($74.12) price target on shares of Cancom SE and gave the stock a “neutral” rating in a research report on Thursday.
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Cancom SE (COK) opened at 63.61 on Thursday. The firm has a market cap of €1.04 billion and a PE ratio of 29.61. The stock has a 50 day moving average of €61.12 and a 200 day moving average of €55.50. Cancom SE has a one year low of €39.12 and a one year high of €68.27.
Cancom SE Company Profile
CANCOM SE provides information technology (IT) infrastructure and services primarily in Germany, Austria, and the United States. The company operates through 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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