Craneware Lowered to Hold at N+1 Singer (CRW)
Craneware (LON:CRW) was downgraded by stock analysts at N+1 Singer from a “buy” rating to a “hold” rating in a report issued on Tuesday, StockRatingsNetwork.com reports. They currently have a GBX 375 ($5.86) price target on the stock. N+1 Singer’s price objective would suggest a potential downside of 8.20% from the stock’s previous close.
Craneware (LON:CRW) opened at 402.04 on Tuesday. Craneware has a 52 week low of GBX 320.00 and a 52 week high of GBX 485.00. The stock’s 50-day moving average is GBX 392.6 and its 200-day moving average is GBX 399.3.
A number of other analysts have also recently weighed in on CRW. Analysts at Investec reiterated a “buy” rating on shares of Craneware (LON:CRW) in a research note to investors on Tuesday. Separately, analysts at Nplus1 Brewin downgraded shares of Craneware (LON:CRW) to a “hold” rating in a research note to investors on Tuesday. They now have a GBX 375 ($5.86) price target on the stock. Finally, 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.
Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 378.75 ($5.92).
Craneware plc is engaged in the development, licensing and ongoing support of computer software for the United States healthcare industry.
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