Cancom SE (COK) Given Consensus Recommendation of “Buy” by Analysts

Cancom SE (ETR:COK) has been given a consensus rating of “Buy” by the six research firms that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is €73.17 ($87.10).

A number of equities research analysts have weighed in on the stock. Baader Bank set a €79.00 ($94.05) price target on shares of Cancom and gave the company a “buy” rating in a report on Friday, January 5th. 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, October 2nd. 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. 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, 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 Wednesday, October 4th.

Shares of Cancom (COK) opened at €74.35 ($88.51) on Friday. Cancom has a 1-year low of €42.43 ($50.51) and a 1-year high of €75.65 ($90.06). The firm has a market cap of $1,300.00 and a PE ratio of 36.27.

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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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