Cancom (ETR:COK) Receives Buy Rating from DZ Bank

DZ Bank reissued their buy rating on shares of Cancom (ETR:COK) in a research note issued to investors on Thursday, Borsen Zeitung reports.

A number of other research analysts have also recently commented on COK. Warburg Research set a €65.00 ($76.47) price target on Cancom and gave the company a buy rating in a research note on Tuesday, June 30th. Berenberg Bank set a €60.00 ($70.59) price target on shares of Cancom and gave the company a buy rating in a research report on Thursday, June 25th. Finally, Hauck & Aufhaeuser set a €61.00 ($71.76) price target on shares of Cancom and gave the stock a buy rating in a research note on Thursday. Seven analysts have rated the stock with a buy rating, Cancom has an average rating of Buy and an average price target of €59.00 ($69.41).

ETR COK traded down €3.27 ($3.85) during trading on Thursday, reaching €47.88 ($56.33). 537,686 shares of the company’s stock were exchanged, compared to its average volume of 91,248. Cancom has a fifty-two week low of €31.20 ($36.71) and a fifty-two week high of €59.05 ($69.47). The business has a 50 day moving average price of €49.06 and a 200-day moving average price of €48.32. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.60 and a quick ratio of 1.41. The stock has a market capitalization of $1.85 billion and a P/E ratio of 47.64.

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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