Cancom SE (ETR:COK) has been assigned a €69.00 ($80.23) price objective by investment analysts at Baader Bank in a research note issued on Monday. The firm currently has a “buy” rating on the stock. Baader Bank’s price target would suggest a potential upside of 8.47% from the stock’s previous close.
A number of other equities research analysts have also issued reports on COK. Warburg Research set a €61.00 ($70.93) price target on Cancom SE and gave the stock a “buy” rating in a research note on Friday, July 28th. Kepler Capital Markets set a €67.00 ($77.91) price objective on shares of Cancom SE and gave the company a “buy” rating in a report on Monday, July 31st. Hauck & Aufhaeuser set a €75.00 ($87.21) price objective on shares of Cancom SE and gave the company a “buy” rating in a report on Wednesday, August 16th. Berenberg Bank set a €80.00 ($93.02) price objective on shares of Cancom SE and gave the company a “buy” rating in a report on Wednesday, October 4th. Finally, Commerzbank Ag set a €63.00 ($73.26) price objective on shares of Cancom SE and gave the company a “neutral” rating in a report on Thursday, October 12th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Cancom SE has an average rating of “Buy” and a consensus target price of €71.50 ($83.14).
Shares of Cancom SE (COK) opened at €63.61 ($73.97) on Monday. Cancom SE has a 12 month low of €39.95 ($46.45) and a 12 month high of €68.80 ($80.00).
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Cancom SE Company Profile
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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