CareTech Holdings plc Given New GBX 214 Price Target at Investec (CTH)
Research analysts at Investec hoisted their price target on shares of CareTech Holdings plc (LON:CTH) from GBX 177 ($2.77) to GBX 214 ($3.35) in a report released on Friday, American Banking & Market News reports. The firm currently has a “buy” rating on the stock. Investec’s target price points to a potential upside of 6.20% from the stock’s previous close.
CareTech Holdings plc (LON:CTH) opened at 203.00 on Friday. The stock has a 50-day moving average of GBX 186.4 and a 200-day moving average of GBX 175.8.
Several other analysts have also recently commented on the stock. Analysts at WH Ireland reiterated a “buy” rating on shares of CareTech Holdings plc (LON:CTH) in a research note to investors on Wednesday, August 28th. They now have a GBX 280 ($4.38) price target on the stock. Analysts at Panmure Gordon reiterated a “buy” rating on shares of CareTech Holdings plc (LON:CTH) in a research note to investors on Friday, July 12th. They now have a GBX 230 ($3.60) price target on the stock.
One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of GBX 232.20 ($3.63).
CareTech Holdings PLC is engaged in the provision of a range of specialist care and housing support services throughout the United Kingdom for people with learning and physical disabilities.
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