Peel Hunt Reaffirms Buy Rating for Cerillion (LON:CER)

Cerillion (LON:CER)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a research note issued to investors on Monday, Marketbeat.com reports. They presently have a GBX 2,020 price objective on the stock. Peel Hunt’s price target points to a potential upside of 45.09% from the company’s previous close.

Several other brokerages also recently weighed in on CER. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 2,350 price objective on shares of Cerillion in a research report on Thursday, October 23rd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,125 target price on shares of Cerillion in a research note on Monday. Four equities 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 an average price target of GBX 2,098.75.

Cerillion Stock Down 4.0%

Shares of LON:CER opened at GBX 1,392.25 on Monday. The stock has a market capitalization of £410.73 million, a P/E ratio of 28.94 and a beta of 0.90. The stock’s 50-day moving average price is GBX 1,454.82 and its 200-day moving average price is GBX 1,527.57. The company has a current ratio of 4.13, a quick ratio of 2.75 and a debt-to-equity ratio of 5.77. Cerillion has a 12-month low of GBX 1,200 and a 12-month high of GBX 1,950.

Cerillion (LON:CER) last issued 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%. On average, equities analysts anticipate that Cerillion will post 53.0708661 earnings per share for the current year.

Insider Buying and Selling

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

Cerillion Company Profile

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.