JPMorgan Chase & Co. set a €4.00 ($4.65) target price on Ceconomy (ETR:CEC1) in a research report report published on Thursday morning. The brokerage currently has a sell rating on the stock.

CEC1 has been the subject of a number of other research reports. Goldman Sachs Group set a €7.40 ($8.60) target price on Ceconomy and gave the stock a neutral rating in a report on Tuesday, October 9th. Kepler Capital Markets set a €6.80 ($7.91) target price on Ceconomy and gave the stock a neutral rating in a report on Wednesday, September 19th. Independent Research set a €4.50 ($5.23) target price on Ceconomy and gave the stock a sell rating in a report on Tuesday, October 9th. HSBC set a €7.50 ($8.72) target price on Ceconomy and gave the stock a neutral rating in a report on Thursday, September 20th. Finally, Baader Bank set a €9.00 ($10.47) target price on Ceconomy and gave the stock a buy rating in a report on Tuesday, October 9th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of €6.56 ($7.63).

Ceconomy stock opened at €5.50 ($6.40) on Thursday. Ceconomy has a 52 week low of €8.88 ($10.33) and a 52 week high of €29.50 ($34.30).

About Ceconomy

Ceconomy AG engages in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE!, a music streaming service that comprise songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New!, a purchasing service for consumer electronics, which allow customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world.

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Analyst Recommendations for Ceconomy (ETR:CEC1)

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