Cancom (COK) Given a €40.00 Price Target at Kepler Capital Markets
Several other equities research analysts have also recently issued reports on the company. Commerzbank set a €53.00 ($61.63) price target on Cancom and gave the company a buy rating in a research note on Tuesday. Hauck & Aufhaeuser set a €55.00 ($63.95) price target on Cancom and gave the company a buy rating in a research note on Monday, October 29th. Warburg Research set a €40.00 ($46.51) target price on Cancom and gave the stock a neutral rating in a research note on Thursday, September 13th. Baader Bank set a €35.00 ($40.70) target price on Cancom and gave the stock a sell rating in a research note on Thursday, August 23rd. Finally, Berenberg Bank set a €45.00 ($52.33) target price on Cancom and gave the stock a neutral rating in a research note on Wednesday, August 15th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of €44.67 ($51.94).
Shares of COK stock traded down €2.24 ($2.60) during trading on Thursday, hitting €34.76 ($40.42). The company had a trading volume of 171,754 shares, compared to its average volume of 91,248. Cancom has a one year low of €47.44 ($55.16) and a one year high of €83.05 ($96.57).
CANCOM SE provides information technology (IT) infrastructure and services primarily in Germany, Austria, 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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