Picture of Secunet Security Networks AG logo

YSN Secunet Security Networks AG News Story

0.000.00%
de flag iconLast trade - 00:00
TechnologySpeculativeMid CapNeutral

Secunet rises after Berenberg initiates coverage with 'buy'

** Shares in Secunet YSNG.DE are up around 5% after Berenberg initiated the German cybersecurity solutions provider with "buy"

** The broker says Secunet is "uniquely positioned" to benefit from government spending on digitalisation and defence due to its focus on protecting sensitive data, critical infrastructure and communication networks

** The public sector already accounts for 90% of revenues, it adds

** Secunet is among the top gainers on the German small-cap index .SDAXI

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))

Recent news on Secunet Security Networks AG

See all news