Goldman Sachs Group Analysts Give Ceconomy (ETR:CEC1) a €5.70 Price Target

Goldman Sachs Group set a €5.70 ($6.63) price target on Ceconomy (ETR:CEC1) in a research report report published on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other research firms have also recently commented on CEC1. Baader Bank set a €6.00 ($6.98) price target on Ceconomy and gave the company a neutral rating in a report on Tuesday, August 13th. HSBC set a €5.80 ($6.74) price target on Ceconomy and gave the company a neutral rating in a report on Wednesday, July 3rd. JPMorgan Chase & Co. set a €4.50 ($5.23) price target on Ceconomy and gave the company a sell rating in a report on Tuesday, August 13th. Kepler Capital Markets set a €6.20 ($7.21) price target on Ceconomy and gave the company a neutral rating in a report on Wednesday, May 22nd. Finally, Barclays set a €5.50 ($6.40) price target on Ceconomy and gave the company a neutral rating in a report on Wednesday, May 22nd. One research analyst has rated the stock with a sell rating and ten have issued a hold rating to the stock. The stock has an average rating of Hold and an average target price of €5.20 ($6.05).

Ceconomy has a twelve month low of €3.23 ($3.76) and a twelve month high of €7.48 ($8.70). The business has a 50 day moving average of €5.07 and a two-hundred day moving average of €4.93. The company has a market cap of $12.43 million and a PE ratio of -13.65. The company has a current ratio of 0.96, a quick ratio of 0.52 and a debt-to-equity ratio of 55.21.

About Ceconomy

Ceconomy AG engages in the consumer electronics retail business. It operates multi-channel consumer electronics stores; and Juke, a music streaming service. The company also operates iBood, a live shopping portal; and Flip4New, an online service for selling used electronic devices online. In addition, it offers professional assistance, including installation, networking, and troubleshooting of electronic appliances under the Deutsche Technikberatung brand; and services for advertisers to develop online campaigns.

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Analyst Recommendations for Ceconomy (ETR:CEC1)

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