Warburg Research set a €61.00 ($70.93) price target on Cancom SE (ETR:COK) in a research report sent to investors on Friday. The brokerage currently has a buy rating on the stock.
Other equities analysts have also issued reports about the stock. Baader Bank set a €60.00 ($69.77) price target on shares of Cancom SE and gave the company a buy rating in a research note on Tuesday, July 11th. Hauck & Aufhaeuser set a €64.00 ($74.42) price target on shares of Cancom SE and gave the company a buy rating in a research note on Friday, May 26th.
Cancom SE (ETR:COK) traded up 1.64% during mid-day trading on Friday, reaching €54.50. 1,865 shares of the company’s stock traded hands. Cancom SE has a 52 week low of €39.12 and a 52 week high of €56.19. The stock’s 50 day moving average is €53.71 and its 200-day moving average is €50.19. The stock has a market capitalization of €892.00 million and a PE ratio of 26.62.
About Cancom SE
Cancom SE is a German provider of Information Technology (IT) systems and services. The Company diversifies its activities into two business segments: e-commerce and IT Solutions. The e-commerce business segment comprises CANCOM Deutschland GmbH, CANCOM Computersysteme GmbH, CANCOM a + d IT solutions GmbH, CANCOM (Switzerland) AG and CANCOM Ltd.
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