CSHG – CENIT AG

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Recommendation Rating

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 17.64

Low: 15.51

High: 18.81

Total Analysts: 0

Company Profile

CENIT AG is a Germany-based company that provides information technology software and consultancy services for business processes in the manufacturing industry and financial service providers. It divides its business into two segments: Product Lifecycle Management (PLM) and Enterprise Information Management (EIM). The PLM segment concentrates on industrial customers and corresponding technologie and focuses on the automotive, aerospace, mechanical engineering and shipbuilding industries. Its core activities concern products and services in PLM, such as CATIA by Dassault or SAP and internally generated software, such as cenitCONNECT and FASTsuite. The EIM segment concentrates on the customer segment trade, banks, insurance and providers. The main focus is on products of the strategic software partner IBM and internally generated software and consulting services in the field of document management and business intelligence. Its subsidiaries are Coristo GmbH and Keonys SAS, among others.

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