Brokerages Set Cancom SE (COK) PT at $77.50
Cancom SE (ETR:COK) has received an average recommendation of “Buy” from the six research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is €77.50 ($95.68).
Several equities research analysts have issued reports on the stock. Commerzbank set a €63.00 ($77.78) price objective on shares of Cancom and gave the stock a “neutral” rating in a research note on Tuesday. Warburg Research set a €69.00 ($85.19) price objective on shares of Cancom and gave the stock a “buy” rating in a research note on Friday, November 10th. Baader Bank set a €79.00 ($97.53) price objective on shares of Cancom and gave the stock a “buy” rating in a research note on Thursday, February 1st. Hauck & Aufhaeuser set a €74.00 ($91.36) price objective on shares of Cancom and gave the stock a “buy” rating in a research note on Monday, November 13th. Finally, Kepler Capital Markets set a €74.00 ($91.36) price objective on shares of Cancom and gave the stock a “buy” rating in a research note on Tuesday.
Cancom (COK) traded up €0.70 ($0.86) on Wednesday, reaching €78.60 ($97.04). 107,218 shares of the company’s stock traded hands, compared to its average volume of 69,989. Cancom has a 12 month low of €44.50 ($54.94) and a 12 month high of €78.75 ($97.22). The stock has a market capitalization of $1,360.00 and a P/E ratio of 38.34.
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Cancom Company Profile
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.
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