Cerillion (LON:CER) Given New GBX 1,375 Price Target at Berenberg Bank

Cerillion (LON:CER – Get Free Report) had its target price lowered by equities research analysts at Berenberg Bank from GBX 2,015 to GBX 1,375 in a research report issued on Wednesday, Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price points to a potential upside of 80.92% from the company’s current price.

Several other equities research analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Cerillion from GBX 1,400 to GBX 1,200 and set a “buy” rating for the company in a research note on Tuesday. Canaccord Genuity Group reduced their target price on Cerillion from GBX 2,060 to GBX 1,760 and set a “buy” rating for the company in a research note on Monday. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 1,671.

Get Cerillion alerts:

Check Out Our Latest Analysis on CER

Cerillion Stock Down 2.6%

Cerillion stock opened at GBX 760 on Wednesday. The company has a quick ratio of 2.75, a current ratio of 4.83 and a debt-to-equity ratio of 6.60. Cerillion has a 12-month low of GBX 650 and a 12-month high of GBX 1,770. The firm’s fifty day moving average is GBX 973.67 and its 200 day moving average is GBX 1,170.19. The company has a market capitalization of £224.52 million, a PE ratio of 16.41 and a beta of 0.49.

About Cerillion

(Get Free Report)

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.

Read More

• Five stocks we like better than Cerillion
• Running on Empty: 3 Energy Plays for Europe’s Deep Freeze
• 3 Healthcare Stocks for 3 Stages of Life
• Curaleaf Tries To Roll Up Aurora In a Hostile Cannabis Bid
• MarketBeat’s Most Downgraded Stocks in Q3: 2 Look Cheap, 1 Looks Risky

Receive News & Ratings for Cerillion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cerillion and related companies with MarketBeat.com's FREE daily email newsletter.