Cancom SE (COK) Receives Average Rating of “Buy” from Analysts

Cancom SE (ETR:COK) has received an average rating of “Buy” from the six ratings firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is €73.17 ($87.10).

A number of equities analysts have recently weighed in on the company. Kepler Capital Markets set a €74.00 ($88.10) target price on Cancom and gave the company a “buy” rating in a report on Monday, November 13th. Hauck & Aufhaeuser set a €74.00 ($88.10) target price on Cancom and gave the company a “buy” rating in a report on Monday, November 13th. Warburg Research set a €69.00 ($82.14) target price on Cancom and gave the company a “buy” rating in a report on Friday, November 10th. Commerzbank set a €63.00 ($75.00) target price on Cancom and gave the company a “neutral” rating in a report on Thursday, November 9th. Finally, Baader Bank set a €79.00 ($94.05) target price on Cancom and gave the company a “buy” rating in a report on Friday, January 5th.

Cancom (ETR COK) opened at €74.35 ($88.51) on Friday. The firm has a market capitalization of $1,300.00 and a PE ratio of 36.27. Cancom has a twelve month low of €42.43 ($50.51) and a twelve month high of €75.65 ($90.06).

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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.

Analyst Recommendations for Cancom (ETR:COK)

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