Warburg Research Analysts Give Cancom (COK) a €40.00 Price Target
A number of other research analysts have also recently commented on the stock. Kepler Capital Markets set a €40.00 ($46.51) price target on shares of Cancom and gave the stock a neutral rating in a report on Thursday, November 15th. Commerzbank set a €53.00 ($61.63) price target on shares of Cancom and gave the stock a buy rating in a report on Tuesday, November 13th. Hauck & Aufhaeuser set a €55.00 ($63.95) price objective on shares of Cancom and gave the stock a buy rating in a research note on Monday, October 29th. Baader Bank set a €35.00 ($40.70) price objective on shares of Cancom and gave the stock a sell rating in a research note on Thursday, August 23rd. Finally, Berenberg Bank set a €45.00 ($52.33) price objective on shares of Cancom and gave the stock a neutral rating in a research note on Wednesday, August 15th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. Cancom presently has an average rating of Hold and a consensus target price of €44.67 ($51.94).
Shares of ETR COK traded down €0.26 ($0.30) during mid-day trading on Friday, reaching €31.60 ($36.74). The company had a trading volume of 69,886 shares, compared to its average volume of 91,248. Cancom has a 52 week low of €47.44 ($55.16) and a 52 week high of €83.05 ($96.57).
CANCOM SE provides information technology (IT) infrastructure and services primarily in Germany, Austria, and the United States. 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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