Cerillion’s (CER) Buy Rating Reiterated at Panmure Gordon

Panmure Gordon reaffirmed their buy rating on shares of Cerillion (LON:CER) in a report published on Monday, Marketbeat Ratings reports. Panmure Gordon currently has a GBX 2,000 price target on the stock.

CER has been the subject of several other research reports. Peel Hunt reissued a “buy” rating and issued a GBX 2,020 price target on shares of Cerillion in a research note on Monday. Berenberg Bank reiterated a “buy” rating and set a GBX 2,125 price target on shares of Cerillion in a research note on Monday. Finally, Canaccord Genuity Group restated a “buy” rating and set a GBX 2,350 price target on shares of Cerillion in a report on Thursday, October 23rd. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 2,098.75.

Cerillion Stock Up 4.1%

CER opened at GBX 1,358 on Monday. The company has a debt-to-equity ratio of 5.77, a quick ratio of 2.75 and a current ratio of 4.13. Cerillion has a fifty-two week low of GBX 1,200 and a fifty-two week high of GBX 1,950. The company has a fifty day moving average of GBX 1,453.98 and a two-hundred day moving average of GBX 1,526.39. The stock has a market capitalization of £400.62 million, a price-to-earnings ratio of 28.23 and a beta of 0.90.

Cerillion (LON:CER) last posted its quarterly earnings data on Monday, November 24th. The company reported GBX 56.50 earnings per share (EPS) for the quarter. Cerillion had a net margin of 34.15% and a return on equity of 30.92%. On average, research analysts expect that Cerillion will post 53.0708661 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Andrew Dickson sold 4,055 shares of Cerillion stock in a transaction on Monday, November 24th. The stock was sold at an average price of GBX 1,405, for a total transaction of £56,972.75. Corporate insiders own 21.18% of the company’s stock.

About Cerillion

Established in 1999, Cerillion provides mission-critical software for billing, charging and customer relationship management mainly for telecommunications providers, but also for other sectors, including energy and utilities.

Cerillion provides customers with a fully-integrated, functionally-rich product suite that provides a complete end-to-end solution.