Cancom (ETR:COK) has been assigned a €77.00 ($95.06) price objective by investment analysts at Warburg Research in a note issued to investors on Friday, March 23rd. The firm currently has a “neutral” rating on the stock. Warburg Research’s price objective suggests a potential downside of 18.82% from the company’s current price.
A number of other analysts have also recently weighed in on COK. Baader Bank set a €79.00 ($97.53) price target on shares of Cancom and gave the stock a “buy” rating in a research report on Thursday, February 1st. Hauck & Aufhaeuser set a €100.00 ($123.46) price objective on shares of Cancom and gave the stock a “buy” rating in a report on Tuesday, February 13th. Commerzbank set a €63.00 ($77.78) price objective on shares of Cancom and gave the stock a “neutral” rating in a report on Tuesday, February 13th. Finally, Kepler Capital Markets set a €74.00 ($91.36) target price on shares of Cancom and gave the company a “buy” rating in a research note on Tuesday, February 13th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of €87.83 ($108.44).
Shares of ETR COK traded up €1.65 ($2.04) during mid-day trading on Friday, reaching €94.85 ($117.10). The company’s stock had a trading volume of 154,426 shares, compared to its average volume of 91,248. Cancom has a 52 week low of €47.44 ($58.57) and a 52 week high of €83.05 ($102.53).
CANCOM SE provides information technology (IT) infrastructure and services primarily in Germany, Austria, and the United States. The company operates through two segments, Cloud Solutions and IT Solutions. The Cloud Solutions segment provides cloud and shared managed services, including project-related cloud hardware, software, and services.
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