Cerillion (LON:CER) Given New GBX 1,400 Price Target at Deutsche Bank Aktiengesellschaft

Cerillion (LON:CER) had its price target reduced by Deutsche Bank Aktiengesellschaft from GBX 1,575 to GBX 1,400 in a research report issued to clients and investors on Wednesday,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 45.32% from the stock’s previous close.

A number of other research firms have also commented on CER. Berenberg Bank reissued a “buy” rating and issued a GBX 2,015 price target on shares of Cerillion in a research report on Monday, June 1st. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 2,060 price objective on shares of Cerillion in a report on Monday, June 29th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 1,899.

Cerillion Stock Down 0.5%

Shares of CER stock opened at GBX 963.40 on Wednesday. The stock’s 50 day simple moving average is GBX 1,030.94 and its 200 day simple moving average is GBX 1,240.14. The company has a debt-to-equity ratio of 6.60, a quick ratio of 2.75 and a current ratio of 4.83. Cerillion has a twelve month low of GBX 890 and a twelve month high of GBX 1,770. The company has a market capitalization of £284.60 million, a price-to-earnings ratio of 20.81 and a beta of 0.49.

Cerillion (LON:CER) last posted its earnings results on Monday, June 1st. The company reported GBX 14.10 earnings per share for the quarter. The firm had revenue of GBX 1,801 million during the quarter. Cerillion had a return on equity of 22.77% and a net margin of 32.24%. As a group, research analysts predict that Cerillion will post 53.0708661 EPS for the current year.

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.