Craneware Downgraded by Nplus1 Brewin to “Hold” (CRW)
Craneware (LON:CRW) was downgraded by research analysts at Nplus1 Brewin to a “hold” rating in a report released on Tuesday, American Banking & Market News reports. They currently have a GBX 375 ($5.86) price objective on the stock. Nplus1 Brewin’s price target points to a potential downside of 5.06% from the company’s current price.
A number of other firms have also recently commented on CRW. Analysts at N+1 Singer reiterated a “buy” rating on shares of Craneware (LON:CRW) in a research note to investors on Wednesday, June 26th. They now have a GBX 470 ($7.35) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Craneware (LON:CRW) in a research note to investors on Wednesday, June 26th. They now have a GBX 375 ($5.86) price target on the stock. Finally, analysts at Numis Securities Ltd cut their price target on shares of Craneware (LON:CRW) from GBX 405 ($6.33) to GBX 390 ($6.10) in a research note to investors on Wednesday, June 26th. They now have a “hold” rating on the stock.
Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 378.75 ($5.92).
Shares of Craneware (LON:CRW) traded down 3.30% during mid-day trading on Tuesday, hitting GBX 395.00. 12,022 shares of the company’s stock traded hands. Craneware has a one year low of GBX 320.00 and a one year high of GBX 485.00. The stock has a 50-day moving average of GBX 392.7 and a 200-day moving average of GBX 399.3.
Craneware plc is engaged in the development, licensing and ongoing support of computer software for the United States healthcare industry.
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