CANCOM IT Systeme AG is an integrated IT services provider. The Company provides information technology (IT) products and services. CANCOM’s products and services consists of IT solutions, providing security, network and system solutions, communication, storage, backup and archive services, and IT management.
The stock is an out-performer with an average yearly return of 81%.
The estimated value of the share lies around 38€.
We consider the share as fairly priced, but as market sentiment is negative a further drop till 30€ might be possible.
We consider the stock as a ‘HOLD’, as long as we are bearish on the markets.
And now it is: