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.
Industry, Sector and Symbol
Industry Specialty Retail
Sub-IndustryN/A
SectorConsumer Cyclical
Phone+49-211-68861050
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees54,529
OptionableNot Optionable
Ceconomy (ETR:CEC1) Frequently Asked Questions
What is Ceconomy's stock symbol?
Ceconomy trades on the ETR under the ticker symbol "CEC1."
What price target have analysts set for CEC1?
10 brokerages have issued 1-year price objectives for Ceconomy's stock. Their forecasts range from €3.00 to €5.10. On average, they expect Ceconomy's stock price to reach €4.08 in the next year. This suggests that the stock has a possible downside of 12.6%. View Analyst Price Targets for Ceconomy.
What is the consensus analysts' recommendation for Ceconomy?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ceconomy in the last year. There are currently 3 sell ratings and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ceconomy.
Has Ceconomy been receiving favorable news coverage?
News headlines about CEC1 stock have been trending positive recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ceconomy earned a coverage optimism score of 2.7 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.
Who are some of Ceconomy's key competitors?
Some companies that are related to Ceconomy include 4imprint Group (FOUR), Angling Direct (ANG), AO World (AO), Applegreen (APGN), ASOS (ASOMF), ASOS (ASC), Berkley Renewables (BKS), Bluestem Group (BGRP), Boohoo Group (BOO), Canadian Tire (CDNAF), Card Factory (CARD), DFS Furniture (DFS), Dixons Carphone (DSITF), Dunelm Group (DNLM) and EXCEED WORLD IN/SH (EXDW).
Who are Ceconomy's key executives?
Ceconomy's management team includes the folowing people:
- Bernhard Düttmann, Interim CFO & Member of the Supervisory Board (Age 60)
- Mr. Mark Frese, Labour Director & Member of the Management Board (Age 55)
- Dr. Dieter Haag Molkenteller, Member of Management Board (Age 60)
- Mr. Sebastian Kauffmann, VP of Investor Relations
- Hans-Jürgen Matern, Head of Strategic Quality Management and Head of Regulatory Affairs & External Relations Qshe
What is Ceconomy's stock price today?
One share of CEC1 stock can currently be purchased for approximately €4.67.
What is Ceconomy's official website?
How can I contact Ceconomy?
Ceconomy's mailing address is Benrather Strasse 18-20, DUESSELDORF, 40213, Germany. The company can be reached via phone at +49-211-68861050.
MarketBeat Community Rating for Ceconomy (ETR CEC1)
MarketBeat's community ratings are surveys of what our community members think about Ceconomy and other stocks. Vote "Outperform" if you believe CEC1 will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CEC1 will underperform the S&P 500 over the long term. You may vote once every thirty days.
