Cerillion (LON:CER) Receives “Buy” Rating from Canaccord Genuity Group

Cerillion (LON:CER)‘s stock had its “buy” rating reiterated by Canaccord Genuity Group in a research note issued on Friday,Digital Look reports. They currently have a GBX 2,250 target price on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 57.34% from the stock’s previous close.

A number of other research firms have also weighed in on CER. Peel Hunt reaffirmed a “buy” rating and set a GBX 2,020 price objective on shares of Cerillion in a research report on Monday, November 24th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,125 price target on shares of Cerillion in a research report on Monday, November 24th. Finally, Panmure Gordon reiterated a “buy” rating and issued a GBX 2,000 price objective on shares of Cerillion in a research note on Monday, November 24th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 2,098.75.

Cerillion Trading Up 2.1%

Shares of CER stock traded up GBX 30 on Friday, hitting GBX 1,430. The stock had a trading volume of 273,528 shares, compared to its average volume of 190,119. The company’s 50 day moving average price is GBX 1,322.23 and its 200-day moving average price is GBX 1,421.50. Cerillion has a 1 year low of GBX 1,170 and a 1 year high of GBX 1,950. The company has a debt-to-equity ratio of 5.77, a current ratio of 4.13 and a quick ratio of 2.75. The firm has a market capitalization of £421.86 million, a P/E ratio of 25.44 and a beta of 0.90.

Cerillion (LON:CER) last issued its quarterly earnings results on Monday, November 24th. The company reported GBX 56.50 earnings per share (EPS) for the quarter. Cerillion had a net margin of 34.15% and a return on equity of 30.92%. Analysts anticipate that Cerillion will post 53.0708661 earnings per share for the current year.

Insider Transactions at Cerillion

In other news, insider Andrew Dickson sold 4,055 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of GBX 1,405, for a total value of £56,972.75. 21.23% of the stock is owned by corporate insiders.

Cerillion Company Profile

Established in 1999, Cerillion provides mission-critical software for billing, charging and customer relationship management mainly for telecommunications providers, but also for other sectors, including energy and utilities.

Cerillion provides customers with a fully-integrated, functionally-rich product suite that provides a complete end-to-end solution. It offers customers a range of pre-integrated modules, which may be taken selectively for particular functions or together for a complete solution.