CANCOM (ETR:COK) Stock Upgrade
The equities rating of CANCOM (ETR:COK) shares was boosted by stock analysts at Hauck & Aufhäuser Privatbankiers KGaA to a respectable “Buy” rating in a recent report issued to investors and clients on 8 December. The firm Hauck & Aufhäuser Privatbankiers KGaA has a EUR 55.00 target PPS on the stock. Hauck & Aufhäuser Privatbankiers KGaA’s target PPS indicates a possible upside of 29.96%.
From a total of 4 analysts covering CANCOM (ETR:COK) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is €50 while the lowest target price is €41. The mean of all analyst targets is €45.50 with a 7.44% above today’s (€42.35) stock price. CANCOM was the topic of 9 analyst reports since July 1, 2015 according to the firm StockzIntelligence Inc. Warburg Research upgraded shares on November 14 to “Buy” rating. Hauck & Aufhäuser Privatbankiers KGaA upgraded COK stock in a recent report from August 28 to “Buy” rating.
The stock increased 4.30% or EUR 1.75 on December 7, striking EUR 42.35. Approximately 212,860 shares of stock traded hands or 133.60% up from the average. Cancom SE (ETR:COK) has risen 12.02% since May 11, 2015 and is uptrending. It has outperformed by 13.10% the S&P500.
Cancom SE is a German provider of Information Technology systems and services. The company has a market cap of 630.08 million EUR. The Firm diversifies its activities into two business divisions: e-commerce and IT Solutions. It has 30.51 P/E ratio. The e-commerce business segment comprises CANCOM Deutschland GmbH, CANCOM Computersysteme GmbH, CANCOM a + d IT solutions GmbH, CANCOM (Switzerland) AG and CANCOM Ltd.