Cancom SE (COK) Given Average Rating of “Buy” by Analysts

Cancom SE (ETR:COK) has been given a consensus rating of “Buy” by the six brokerages that are presently covering the stock, Marketbeat.com reports. One 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 objective among brokers that have covered the stock in the last year is €77.50 ($95.68).

Several analysts have issued reports on COK shares. Kepler Capital Markets set a €74.00 ($91.36) target price on Cancom and gave the company a “buy” rating in a research report on Monday, November 13th. Commerzbank set a €63.00 ($77.78) target price on Cancom and gave the company a “neutral” rating in a research report on Thursday, November 9th. Berenberg Bank set a €80.00 ($98.77) target price on Cancom and gave the company a “buy” rating in a research report on Friday, November 10th. Hauck & Aufhaeuser set a €100.00 ($123.46) target price on Cancom and gave the company a “buy” rating in a research report on Tuesday. Finally, Baader Bank set a €69.00 ($85.19) target price on Cancom and gave the company a “buy” rating in a research report on Monday, November 13th.

Cancom (ETR:COK) opened at €76.60 ($94.57) on Wednesday. The company has a market cap of $1,330.00 and a price-to-earnings ratio of 37.37. Cancom has a 12 month low of €44.50 ($54.94) and a 12 month high of €77.70 ($95.93).

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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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