Cerillion PLC with ticker (LON:CER) now has a potential upside of 14.7% according to Berenberg Bank.
Berenberg Bank set a target price of 1,400 GBX for the company, which when compared to the Cerillion PLC share price of 1,221 GBX at opening today (27/10/2023) indicates a potential upside of 14.7%. Trading has ranged between 953 (52 week low) and 1,520 (52 week high) with an average of 48,075 shares exchanging hands daily. The market capitalisation at the time of writing is £370,926,961.
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.
Cerillion PLC 14.7% potential upside indicated by Berenberg Bank
- Written by: Charlotte Edwards
Find more news, interviews, share price & company profile here for:
Latest Company News
Cerillion’s Sinal project shows how its software supports fibre expansion, acquisition integration and operational control for telecoms infrastructure operators.
AI and cloud growth are increasing the investment relevance of telecom infrastructure, asset control and orchestration software.
Cerillion CEO Louis Hall reviews interim results, including record new orders, a £42.5 million Omantel contract, a stronger back-order book, and confidence in the long-term sales pipeline.
Cerillion’s AI Hub strengthens its telecoms software platform with governed AI tools designed to improve automation, customer operations and commercial execution.
Cerillion Plc CEO Louis Hall discusses a record six-month order intake, a 64% jump in the back order book, and why the landmark £42.5m Omantel contract could become a launchpad for further Middle East growth.
Cerillion said it remains on track to meet FY26 targets after new orders rose 102% to £39.6m and its back-order book increased 64% to £82.1m, despite lower first-half revenue and profit.
