Corero Network Security (LON:CNS) Receives Buy Rating from Canaccord Genuity Group

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

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

Corero Network Security Price Performance

Shares of CNS opened at GBX 18.79 ($0.23) on Tuesday. The stock has a market cap of £96.22 million, a P/E 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 ($0.37). The stock’s 50-day moving average price is GBX 21.46 and its two-hundred day moving average price is GBX 20.09. The company has a current ratio of 1.75, a quick ratio of 1.20 and a debt-to-equity ratio of 1.37.

About Corero Network Security

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.