Analysts’ Weekly Ratings Changes for Ceconomy AG Preference Shares (CEC1)

Several analysts have recently updated their ratings and price targets for Ceconomy AG Preference Shares (ETR: CEC1):

  • 8/15/2018 – Ceconomy AG Preference Shares was given a new €7.00 ($7.95) price target on by analysts at Independent Research GmbH. They now have a “neutral” rating on the stock.
  • 8/15/2018 – Ceconomy AG Preference Shares was given a new €7.00 ($7.95) price target on by analysts at Morgan Stanley. They now have a “neutral” rating on the stock.
  • 8/15/2018 – Ceconomy AG Preference Shares was given a new €7.40 ($8.41) price target on by analysts at Warburg Research. They now have a “neutral” rating on the stock.
  • 8/14/2018 – Ceconomy AG Preference Shares was given a new €7.50 ($8.52) price target on by analysts at Commerzbank AG. They now have a “sell” rating on the stock.
  • 8/14/2018 – Ceconomy AG Preference Shares was given a new €9.40 ($10.68) price target on by analysts at Goldman Sachs Group Inc. They now have a “neutral” rating on the stock.
  • 8/14/2018 – Ceconomy AG Preference Shares was given a new €9.00 ($10.23) price target on by analysts at JPMorgan Chase & Co.. They now have a “neutral” rating on the stock.
  • 8/14/2018 – Ceconomy AG Preference Shares was given a new €10.00 ($11.36) price target on by analysts at Baader Bank. They now have a “buy” rating on the stock.
  • 8/10/2018 – Ceconomy AG Preference Shares was given a new €12.50 ($14.20) price target on by analysts at HSBC Holdings plc. They now have a “buy” rating on the stock.
  • 7/26/2018 – Ceconomy AG Preference Shares was given a new €7.50 ($8.52) price target on by analysts at Commerzbank AG. They now have a “sell” rating on the stock.

ETR:CEC1 opened at €6.56 ($7.45) on Friday. Ceconomy AG Preference Shares has a 12 month low of €8.88 ($10.09) and a 12 month high of €29.50 ($33.52).

Ceconomy AG engages in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE!, a music streaming service that comprise songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New!, a purchasing service for consumer electronics, which allow customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world.

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