Ceconomy AG (ETR:CEC1) has been given an average rating of “Hold” by the twenty-one research firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is €32.82 ($39.07).

Shares of Ceconomy (CEC1) traded up €0.15 ($0.18) during trading on Friday, hitting €10.70 ($12.74). 6,073 shares of the stock traded hands, compared to its average volume of 6,630. Ceconomy has a 1-year low of €8.73 ($10.39) and a 1-year high of €29.50 ($35.12). The firm has a market cap of $3,640.00 and a price-to-earnings ratio of 97.27.

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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.

Analyst Recommendations for Ceconomy (ETR:CEC1)

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