Ceconomy (CEC1) Given a €5.00 Price Target by equinet Analysts

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equinet set a €5.00 ($5.81) target price on Ceconomy (ETR:CEC1) in a report issued on Wednesday morning. The brokerage currently has a neutral rating on the stock.

A number of other analysts also recently weighed in on CEC1. JPMorgan Chase & Co. set a €9.00 ($10.47) price target on shares of Ceconomy and gave the company a neutral rating in a report on Friday, October 5th. Kepler Capital Markets set a €6.80 ($7.91) price target on shares of Ceconomy and gave the company a neutral rating in a report on Wednesday, September 19th. Baader Bank set a €9.00 ($10.47) price target on shares of Ceconomy and gave the company a buy rating in a report on Tuesday, September 25th. Goldman Sachs Group set a €7.40 ($8.60) price target on shares of Ceconomy and gave the company a neutral rating in a report on Tuesday. Finally, Warburg Research set a €7.40 ($8.60) price target on shares of Ceconomy and gave the company a neutral rating in a report on Wednesday, August 15th. Three analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. The company has an average rating of Hold and an average target price of €6.56 ($7.63).

Shares of Ceconomy stock opened at €5.50 ($6.40) on Wednesday. Ceconomy has a fifty-two week low of €8.88 ($10.33) and a fifty-two week high of €29.50 ($34.30).

About Ceconomy

Ceconomy AG engages in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE!, a music streaming service that comprise songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New!, a purchasing service for consumer electronics, which allow customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world.

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Analyst Recommendations for Ceconomy (ETR:CEC1)

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