Cerillion (LON:CER) Earns Buy Rating from Berenberg Bank

Cerillion (LON:CER)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a research note issued to investors on Monday, Marketbeat reports. They currently have a GBX 2,125 target price on the stock. Berenberg Bank’s price objective points to a potential upside of 52.63% from the stock’s previous close.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 2,350 price target on shares of Cerillion in a research report on Thursday, October 23rd. Four analysts have rated the stock with a Buy rating, According to MarketBeat, Cerillion presently has an average rating of “Buy” and a consensus price target of GBX 2,098.75.

Cerillion Stock Down 4.0%

Cerillion stock opened at GBX 1,392.25 on Monday. Cerillion has a fifty-two week low of GBX 1,200 and a fifty-two week high of GBX 1,950. The company has a debt-to-equity ratio of 5.77, a quick ratio of 2.75 and a current ratio of 4.13. The firm’s 50-day simple moving average is GBX 1,454.82 and its 200 day simple moving average is GBX 1,527.57. The stock has a market cap of £410.73 million, a PE ratio of 28.94 and a beta of 0.90.

Cerillion (LON:CER) last posted its quarterly earnings data on Monday, November 24th. The company reported GBX 56.50 EPS for the quarter. Cerillion had a net margin of 34.15% and a return on equity of 30.92%. Research analysts predict that Cerillion will post 53.0708661 EPS for the current fiscal year.

Insiders Place Their Bets

In other Cerillion news, insider Andrew Dickson sold 4,055 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was 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.