Panmure Gordon Reaffirms Buy Rating for Cerillion (LON:CER)

Cerillion (LON:CER)‘s stock had its “buy” rating restated by stock analysts at Panmure Gordon in a research note issued on Monday, Marketbeat reports. They currently have a GBX 2,000 price target on the stock. Panmure Gordon’s price objective indicates a potential upside of 43.65% from the company’s previous close.

CER has been the topic of several other research reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 2,020 price objective on shares of Cerillion in a research note on Monday. Berenberg Bank reissued a “buy” rating and issued a GBX 2,125 target price on shares of Cerillion in a report on Monday. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 2,350 price target on shares of Cerillion in a report on Thursday, October 23rd. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 2,098.75.

Cerillion Trading Down 4.0%

LON:CER opened at GBX 1,392.25 on Monday. The company has a debt-to-equity ratio of 5.77, a current ratio of 4.13 and a quick ratio of 2.75. The firm has a market capitalization of £410.73 million, a price-to-earnings ratio of 28.94 and a beta of 0.90. Cerillion has a one year low of GBX 1,200 and a one year high of GBX 1,950. The business has a fifty day moving average price of GBX 1,454.82 and a 200-day moving average price of GBX 1,527.57.

Cerillion (LON:CER) last released its earnings results on Monday, November 24th. The company reported GBX 56.50 earnings per share for the quarter. Cerillion had a return on equity of 30.92% and a net margin of 34.15%. Sell-side analysts forecast that Cerillion will post 53.0708661 EPS for the current year.

Insider Transactions at Cerillion

In related news, insider Andrew Dickson sold 4,055 shares of Cerillion stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of GBX 1,405, for a total transaction of £56,972.75. Company insiders own 21.18% of the company’s stock.

About Cerillion

Established in 1999, Cerillion provides mission-critical software for billing, charging and customer relationship management mainly for telecommunications providers, but also for other sectors, including energy and utilities.

Cerillion provides customers with a fully-integrated, functionally-rich product suite that provides a complete end-to-end solution.