Berenberg Bank Reaffirms “Buy” Rating for Cerillion (LON:CER)

Cerillion (LON:CER)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Monday,Digital Look reports. They presently have a GBX 2,015 price objective on the stock. Berenberg Bank’s target price indicates a potential upside of 43.93% from the stock’s previous close.

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 2,250 target price on shares of Cerillion in a research report on Wednesday, April 22nd. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 2,071.25.

Cerillion Price Performance

CER stock opened at GBX 1,400 on Monday. The company has a market cap of £413.57 million, a PE ratio of 24.91 and a beta of 0.50. The business has a 50-day simple moving average of GBX 1,298.63 and a 200 day simple moving average of GBX 1,378.92. Cerillion has a 52 week low of GBX 990 and a 52 week high of GBX 1,950. The company has a quick ratio of 2.75, a current ratio of 4.45 and a debt-to-equity ratio of 5.55.

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.