HSBC set a €51.00 ($59.30) price target on Cancom (ETR:COK) in a report released on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
COK has been the topic of several other research reports. Hauck & Aufhaeuser set a €55.00 ($63.95) price target on Cancom and gave the stock a buy rating in a research note on Wednesday, May 15th. Berenberg Bank set a €49.00 ($56.98) price target on Cancom and gave the stock a buy rating in a research note on Tuesday, April 9th. Warburg Research set a €40.00 ($46.51) price target on Cancom and gave the stock a buy rating in a research note on Monday, January 28th. Finally, Kepler Capital Markets set a €44.00 ($51.16) price target on Cancom and gave the stock a neutral rating in a research note on Monday, April 29th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of €47.71 ($55.48).
ETR:COK opened at €47.16 ($54.84) on Thursday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.18 and a current ratio of 1.28. Cancom has a one year low of €27.28 ($31.72) and a one year high of €52.05 ($60.52). The stock has a market capitalization of $1.65 billion and a P/E ratio of 39.07.
CANCOM SE provides information technology (IT) infrastructure and services in Germany, Austria, Belgium, Switzerland, the United States, and the United Kingdom. The company operates through Cloud Solutions and IT Solutions segments. The Cloud Solutions segment provides cloud and shared managed services, including project-related cloud hardware, software, and services.
Featured Article: What are defining characteristics of a correction?
Receive News & Ratings for Cancom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cancom and related companies with MarketBeat.com's FREE daily email newsletter.