Deutsche Bank Aktiengesellschaft Cuts Cerillion (LON:CER) Price Target to GBX 1,200

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

Several other brokerages have also weighed in on CER. Canaccord Genuity Group decreased their price objective on Cerillion from GBX 2,060 to GBX 1,760 and set a “buy” rating on the stock in a report on Monday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,015 target price on shares of Cerillion in a research note on Monday, June 1st. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 1,799.

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Cerillion Trading Down 0.5%

Shares of LON:CER opened at GBX 770 on Tuesday. The stock has a market capitalization of £227.47 million, a PE ratio of 16.63 and a beta of 0.49. The firm has a fifty day moving average price of GBX 979.07 and a 200 day moving average price of GBX 1,175.47. Cerillion has a 1 year low of GBX 650 and a 1 year high of GBX 1,770. 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

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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.

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