Cancom (COK) Given a €79.00 Price Target at Baader Bank

Cancom (ETR:COK) received a €79.00 ($94.05) price objective from equities research analysts at Baader Bank in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the stock. Baader Bank’s price objective points to a potential upside of 9.57% from the stock’s current price.

A number of other brokerages also recently issued reports on COK. Kepler Capital Markets set a €74.00 ($88.10) price target on shares of Cancom and gave the company a “buy” rating in a report on Monday, November 13th. Hauck & Aufhaeuser set a €74.00 ($88.10) price target on shares of Cancom and gave the company a “buy” rating in a report on Monday, November 13th. Berenberg Bank set a €80.00 ($95.24) price target on shares of Cancom and gave the company a “buy” rating in a report on Friday, November 10th. Warburg Research set a €69.00 ($82.14) price target on shares of Cancom and gave the company a “buy” rating in a report on Friday, November 10th. Finally, Commerzbank set a €63.00 ($75.00) price target on shares of Cancom and gave the company a “neutral” rating in a report on Thursday, November 9th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of €73.17 ($87.10).

Shares of Cancom (ETR COK) traded up €1.10 ($1.31) during midday trading on Friday, reaching €72.10 ($85.83). 31,466 shares of the company’s stock were exchanged, compared to its average volume of 58,243. The company has a market cap of $1,260.00 and a P/E ratio of 35.17. Cancom has a one year low of €42.43 ($50.51) and a one year high of €72.10 ($85.83).

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About Cancom

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.

Analyst Recommendations for Cancom (ETR:COK)

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