Cancom (ETR:COK) Given a €60.00 Price Target by Hauck & Aufhaeuser Analysts

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Cancom (ETR:COK) has been assigned a €60.00 ($69.77) price target by stock analysts at Hauck & Aufhaeuser in a research report issued to clients and investors on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price target points to a potential upside of 23.46% from the company’s current price.

Several other research analysts also recently commented on the stock. Kepler Capital Markets set a €87.00 ($101.16) price target on shares of Bechtle and gave the stock a “neutral” rating in a research note on Monday, April 29th. HSBC set a €25.00 ($29.07) price target on shares of Peugeot and gave the stock a “buy” rating in a research note on Thursday, May 16th. Warburg Research set a €47.00 ($54.65) target price on shares of Cancom and gave the stock a “buy” rating in a report on Thursday, April 4th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 800 ($10.45) target price on shares of John Menzies in a report on Friday, May 17th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company’s stock. Cancom currently has a consensus rating of “Buy” and an average price target of €48.43 ($56.31).

COK stock opened at €48.60 ($56.51) on Friday. The stock has a market cap of $1.70 billion and a P/E ratio of 40.30. Cancom has a 12 month low of €27.28 ($31.72) and a 12 month high of €52.05 ($60.52). The business has a 50-day moving average of €45.12. The company has a quick ratio of 1.20, a current ratio of 1.34 and a debt-to-equity ratio of 1.54.

Cancom Company Profile

CANCOM SE provides information technology (IT) infrastructure and services in Germany, Austria, Belgium, Switzerland, the United States, and the United Kingdom. The company operates through Cloud Solutions and IT Solutions segments. The Cloud Solutions segment provides cloud and shared managed services, including project-related cloud hardware, software, and services.

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Analyst Recommendations for Cancom (ETR:COK)

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