Cancom (ETR:COK) PT Set at €70.00 by Warburg Research

Cancom (ETR:COK) has been assigned a €70.00 ($79.55) price target by stock analysts at Warburg Research in a research note issued to investors on Thursday, Borsen Zeitung reports. Warburg Research’s price objective suggests a potential upside of 19.62% from the stock’s current price.

A number of other equities research analysts have also recently commented on COK. Hauck and Aufhaeuser set a €80.00 ($90.91) target price on Cancom in a research note on Tuesday, November 30th. Deutsche Bank Aktiengesellschaft set a €73.00 ($82.95) target price on Cancom in a research report on Tuesday, November 23rd. Berenberg Bank set a €72.00 ($81.82) price objective on Cancom in a research note on Wednesday, November 17th. Finally, Jefferies Financial Group set a €83.00 ($94.32) price objective on Cancom in a research note on Thursday, December 2nd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of €72.83 ($82.77).

ETR:COK opened at €56.76 ($64.50) on Thursday. The stock has a market cap of $2.19 billion and a P/E ratio of 8.03. The company has a current ratio of 2.67, a quick ratio of 2.37 and a debt-to-equity ratio of 10.77. The stock’s 50-day moving average is €60.02 and its 200-day moving average is €55.80. Cancom has a 1-year low of €43.02 ($48.89) and a 1-year high of €64.82 ($73.66).

About Cancom

CANCOM SE, together with its subsidiaries, provides information technology (IT) infrastructure and services in Germany, Austria, the United Kingdom, Ireland, Belgium, Switzerland, and the United States. 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.

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Analyst Recommendations for Cancom (ETR:COK)

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