Ceconomy AG (ETR:CEC1) has been given an average rating of “Buy” by the eighteen brokerages that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is €32.85 ($40.55).
Ceconomy (ETR:CEC1) traded down €1.79 ($2.21) during mid-day trading on Friday, reaching €9.16 ($11.31). 1,400 shares of the company’s stock were exchanged, compared to its average volume of 1,597. Ceconomy has a 12 month low of €8.88 ($10.96) and a 12 month high of €29.50 ($36.42). The firm has a market capitalization of $3,190.00 and a PE ratio of 43.62.
ILLEGAL ACTIVITY NOTICE: This piece of content was published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States and international copyright laws. The correct version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3276157/ceconomy-ag-cec1-given-consensus-recommendation-of-buy-by-brokerages.html.
Ceconomy Company Profile
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.
Receive News & Ratings for Ceconomy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ceconomy and related companies with MarketBeat.com's FREE daily email newsletter.