Deutsche Bank Aktiengesellschaft Cuts Cerillion (LON:CER) Price Target to GBX 1,200

Cerillion (LON:CER) had its target price reduced by Deutsche Bank Aktiengesellschaft from GBX 1,400 to GBX 1,200 in a research report released on Tuesday morning,Digital Look reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

A number of other analysts also recently issued reports on the stock. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,015 price target on shares of Cerillion in a report on Monday, June 1st. Canaccord Genuity Group cut their price objective on Cerillion from GBX 2,060 to GBX 1,760 and set a “buy” rating for the company in a research report on Monday. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, Cerillion currently has a consensus rating of “Buy” and an average target price of GBX 1,671.

Cerillion Price Performance

CER stock opened at GBX 750 on Tuesday. The company has a debt-to-equity ratio of 6.60, a quick ratio of 2.75 and a current ratio of 4.83. The company’s fifty day moving average price is GBX 962.26 and its 200-day moving average price is GBX 1,158.99. Cerillion has a one year low of GBX 650 and a one year high of GBX 1,770. The company has a market capitalization of £221.56 million, a PE ratio of 16.20 and a beta of 0.49.

About Cerillion

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.