Bankhaus Lampe starts coverage for cyan AG with ‘Buy’ recommendation and price target of EUR 47
DGAP-News: cyan AG / Key word(s): Miscellaneous
16.01.2019 / 10:55
Bankhaus Lampe starts coverage for cyan AG with “Buy” recommendation
Munich / 16 January 2019. Bankhaus Lampe initiates research on cyan with a “Buy” recommendation and a price target of EUR 47. The analysts see a current potential for an increase in value of around 80%.
According to the analysts, the great potential in the global market for cyber-security and the prospects arising from the takeover of I-New as well as the conclusion of the contract with Orange could triple earnings in 2019. At present, the deal with Orange/France Telekom announced in December 2018 has not yet been taken into account by all brokers and analysts. This is the reason why Bankhaus Lampe Research see a price and development potential that exceeds the latest expectations of other research companies.
cyan AG operates its own research and development center and maintains close links to universities, international research institutes, security, financial and social organizations. This close collaboration ensures the early recognition of trends and technical developments for integration into cyan’s products. The holding company is headquartered in Munich.
Further information is available at www.cyansecurity.com.
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