Berenberg Bank Reaffirms “Buy” Rating for Cerillion (LON:CER)

Cerillion (LON:CER)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a note issued to investors on Monday,Digital Look reports. They presently have a GBX 2,015 target price on the stock. Berenberg Bank’s price objective would indicate a potential upside of 43.93% from the stock’s current price.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 2,250 price target on shares of Cerillion in a report on Wednesday, April 22nd. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Cerillion presently has a consensus rating of “Buy” and an average target price of GBX 2,071.25.

Cerillion Stock Performance

Shares of Cerillion stock opened at GBX 1,400 on Monday. The business has a fifty day simple moving average of GBX 1,298.63 and a two-hundred day simple moving average of GBX 1,378.92. Cerillion has a 1 year low of GBX 990 and a 1 year high of GBX 1,950. The company has a market capitalization of £413.57 million, a price-to-earnings ratio of 24.91 and a beta of 0.50. The company has a debt-to-equity ratio of 5.55, a current ratio of 4.45 and a quick ratio of 2.75.

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. It offers customers a range of pre-integrated modules, which may be taken selectively for particular functions or together for a complete solution.