▼ -17.99% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for Ceconomy in the last 3 months. The average price target is €4.63, with a high forecast of €7.60 and a low forecast of €2.00. The average price target represents a -17.99% upside from the last price of €5.65.
The current consensus among 9 polled investment analysts is to hold stock in Ceconomy. This Hold consensus rating has held steady for over two years.
Ceconomy AG engages in the consumer electronics retail business. It operates multi-channel consumer electronics stores; and Juke, a music streaming service. The company also operates iBood, a live shopping portal; and Flip4New, an online service for selling used electronic devices online. In addition, it offers professional assistance, including installation, networking, and troubleshooting of electronic appliances under the Deutsche Technikberatung brand; and services for advertisers to develop online campaigns. The company has approximately 850 stores in 14 countries under the MediaMarkt brand; and approximately 170 stores under the Saturn brand. It operates in Germany, Austria, Switzerland, and Hungary, as well as in Western, Southern, and Eastern Europe. Ceconomy AG is headquartered in Düsseldorf, Germany.