Cerillion (LON:CER) Price Target Cut to GBX 1,200 by Analysts at Deutsche Bank Aktiengesellschaft

Cerillion (LON:CER) had its price objective reduced by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 1,400 to GBX 1,200 in a report issued on Tuesday, Digital Look reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 55.84% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Canaccord Genuity Group cut their price target on shares of Cerillion from GBX 2,060 to GBX 1,760 and set a “buy” rating on the stock in a report on Monday. Berenberg Bank restated a “buy” rating and set a GBX 2,015 price objective on shares of Cerillion in a research report on Monday, June 1st. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Cerillion presently has a consensus rating of “Buy” and an average target price of GBX 1,799.

Cerillion Trading Down 0.5%

LON:CER opened at GBX 770 on Tuesday. The stock has a market capitalization of £227.47 million, a price-to-earnings ratio of 16.63 and a beta of 0.49. Cerillion has a 12 month low of GBX 650 and a 12 month high of GBX 1,770. The firm has a fifty day simple moving average of GBX 979.07 and a two-hundred day simple moving average of GBX 1,175.47. The company has a current ratio of 4.83, a quick ratio of 2.75 and a debt-to-equity ratio of 6.60.

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. It offers customers a range of pre-integrated modules, which may be taken selectively for particular functions or together for a complete solution.