Key Points
- Insider purchase: Cerillion insider Guy O’Connor bought 20,000 shares at GBX 690 each, for a total investment of £138,000.
- Share performance: Cerillion shares opened at GBX 700 and were up 2.2%, but remained well below their 12-month high of GBX 1,770.
- Analyst outlook: All five covering analysts rate the stock a “Buy,” with a consensus price target of GBX 1,671 despite recent target reductions from several firms.
Cerillion Plc (LON:CER - Get Free Report) insider Guy OConnor bought 20,000 shares of the business's stock in a transaction that occurred on Wednesday, October 21st. The shares were acquired at an average price of GBX 690 per share, with a total value of £138,000.
Cerillion Stock Up 2.2%
Shares of CER stock opened at GBX 700 on Friday. Cerillion Plc has a 12 month low of GBX 650 and a 12 month high of GBX 1,770. The stock has a market cap of £206.79 million, a P/E ratio of 15.12 and a beta of 0.49. The company has a current ratio of 4.83, a quick ratio of 2.75 and a debt-to-equity ratio of 6.60. The company has a 50 day simple moving average of GBX 804.58 and a two-hundred day simple moving average of GBX 1,060.96.
Analyst Ratings Changes
Several equities research analysts have recently commented on the company. Berenberg Bank reduced their price objective on Cerillion from GBX 2,015 to GBX 1,375 and set a "buy" rating for the company in a research note on Wednesday, September 16th. Deutsche Bank Aktiengesellschaft lowered their target price on Cerillion from GBX 1,400 to GBX 1,200 and set a "buy" rating on the stock in a research report on Tuesday, September 15th. Finally, Canaccord Genuity Group lowered their target price on Cerillion from GBX 2,060 to GBX 1,760 and set a "buy" rating on the stock in a research report on Monday, September 14th. Five analysts have rated the stock with a Buy rating. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of GBX 1,671.
Get Our Latest Stock Analysis on Cerillion
Cerillion Company Profile
(
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.
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