Cancom (ETR:COK) has been assigned a €79.00 ($97.53) price objective by equities research analysts at Baader Bank in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Baader Bank’s price target indicates a potential upside of 2.80% from the stock’s current price.
Several other analysts also recently weighed in on COK. Commerzbank set a €63.00 ($77.78) target price on Cancom and gave the company a “neutral” rating in a report on Thursday, November 9th. Warburg Research set a €69.00 ($85.19) target price on Cancom and gave the company a “buy” rating in a report on Friday, November 10th. Berenberg Bank set a €80.00 ($98.77) target price on Cancom and gave the company a “buy” rating in a report on Wednesday, October 4th. Hauck & Aufhaeuser set a €74.00 ($91.36) target price on Cancom and gave the company a “buy” rating in a report on Monday, November 13th. Finally, Kepler Capital Markets set a €74.00 ($91.36) target price on Cancom and gave the company a “buy” rating in a report on Monday, November 13th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of €73.17 ($90.33).
Shares of Cancom (ETR:COK) opened at €76.85 ($94.88) on Thursday. Cancom has a fifty-two week low of €42.62 ($52.62) and a fifty-two week high of €77.45 ($95.62). The firm has a market capitalization of $1,350.00 and a PE ratio of 37.49.
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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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