Canaccord Genuity Group Reiterates “Buy” Rating for Corero Network Security (LON:CNS)

Canaccord Genuity Group reaffirmed their buy rating on shares of Corero Network Security (LON:CNS) in a research note published on Tuesday, Marketbeat.com reports. Canaccord Genuity Group currently has a GBX 24 ($0.30) target price on the stock.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 23.50 ($0.29) price objective on shares of Corero Network Security in a research report on Tuesday, September 24th.

Corero Network Security Stock Up 0.5 %

CNS stock opened at GBX 19.20 ($0.24) on Tuesday. The firm has a market cap of £98.33 million, a price-to-earnings ratio of 675.00 and a beta of 0.46. Corero Network Security has a 1-year low of GBX 7.55 ($0.09) and a 1-year high of GBX 29.30 ($0.36). The firm has a fifty day moving average price of GBX 21.31 and a two-hundred day moving average price of GBX 20.15. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.75 and a quick ratio of 1.20.

Corero Network Security Company Profile

Corero Network Security plc is a global leader in real-time, high-performance, automatic DDoS cyber defense solutions. Both Service and Hosting providers, alongside digital enterprises across the globe rely on Corero’s award winning cybersecurity technology to eliminate the threat of Distributed Denial of Service (DDoS) to their digital environment through automatic attack detection and mitigation, coupled with network visibility, analytics and reporting.