Corero Network Security (LON:CNS) Price Target Raised to GBX 21

Corero Network Security (LON:CNS) had its price target increased by Canaccord Genuity Group from GBX 20 to GBX 21 in a report issued on Wednesday,Digital Look reports. The firm currently has a buy rating on the stock.

Corero Network Security Stock Up 14.6%

CNS opened at GBX 11.75 on Wednesday. Corero Network Security has a 12 month low of GBX 6.50 and a 12 month high of GBX 13.50. The company has a market cap of £60.18 million, a PE ratio of -117.50 and a beta of 0.46. The company has a current ratio of 1.27, a quick ratio of 1.20 and a debt-to-equity ratio of 1.94. The company has a 50 day moving average of GBX 8.43 and a 200 day moving average of GBX 10.56.

About Corero Network Security

Corero Network Security plc is a global leader in real-time, high-performance, automatic DDoS cyber defense solutions. Both Service and Hosting providers, alongside digital enterprises across the globe rely on Corero’s award winning cybersecurity technology to eliminate the threat of Distributed Denial of Service (DDoS) to their digital environment through automatic attack detection and mitigation, coupled with network visibility, analytics and reporting. Corero’s industry leading SmartWall and SecureWatch technology provides scalable protection capabilities against external DDoS attackers and internal DDoS botnets in the most complex edge and subscriber environments, while enabling a more cost-effective economic model than previously available.