Cerillion PLC 12.9% potential upside indicated by Canaccord Genuity

Cerillion PLC with ticker (LON:CER) now has a potential upside of 12.9% according to Canaccord Genuity.



Canaccord Genuity set a target price of 1,355 GBX for the company, which when compared to the Cerillion PLC share price of 1,200 GBX at opening today (23/05/2023) indicates a potential upside of 12.9%. Trading has ranged between 794 (52 week low) and 1,300 (52 week high) with an average of 49,414 shares exchanging hands daily. The market capitalisation at the time of writing is £350,876,855.

Cerillion plc is a United Kingdom-based billing, charging and customer relationship management (CRM) company. The principal activity of the Company is the supply and development of telecommunication software solutions and equipment. The Company operates through four segments: Services, Software, Software-as-a-Service and Third Party. The Services segment provides services to customers on new implementation projects and enhancements. The Software segment supports and provides maintenance of the software, as well as the licenses to use the software. The Software-as-a-Service segment offers monthly subscriptions for managed services or to use products on a right-to-use basis. The Third-Party segment provides third-party services or licenses, re-billable expenses, and pass through of selling hardware. The Company’s product categories include customer domain, product domain, sales domain, service domain, resource domain, and partner domain.