Corero Network Security (LON:CNS) Price Target Increased to GBX 12 by Analysts at Canaccord Genuity Group

Corero Network Security (LON:CNS) had its target price raised by Canaccord Genuity Group from GBX 11.50 ($0.15) to GBX 12 ($0.15) in a report issued on Wednesday morning, MarketBeat Ratings reports. Canaccord Genuity Group currently has a buy rating on the stock.

Corero Network Security Stock Down 1.1 %

CNS opened at GBX 9 ($0.11) on Wednesday. Corero Network Security has a twelve month low of GBX 5.50 ($0.07) and a twelve month high of GBX 10.65 ($0.13). The company has a quick ratio of 1.20, a current ratio of 1.51 and a debt-to-equity ratio of 1.88. The firm has a 50 day moving average price of GBX 8.58 and a 200-day moving average price of GBX 8.40. The stock has a market capitalization of £45.79 million, a price-to-earnings ratio of 675.00 and a beta of 0.66.

About Corero Network Security

Corero Network Security plc provides distributed denial of service (DDoS) protection solutions worldwide. The company offers Corero SmartWall products to remove DDoS attack traffic. Its products include SmartWall Threat Defense System appliances for DDoS protection; SmartWall Threat Defense Director, which delivers software edge protection for the networks; SmartWall Threat Defense Cloud that protects against the cloud attacks; and SecureWatch Managed Services, a suite of configuration optimization, monitoring, and mitigation response services.