Carillion Given “Hold” Rating at Numis Securities Ltd (CLLN)
Carillion (LON:CLLN)‘s stock had its “hold” rating restated by investment analysts at Numis Securities Ltd in a note issued to investors on Monday, AnalystRatingsNetwork reports. They currently have a GBX 315 ($5.05) price objective on the stock. Numis Securities Ltd’s price objective suggests a potential downside of 0.54% from the company’s current price.
A number of other analysts have also recently weighed in on CLLN. Analysts at Berenberg Bank cut their price target on shares of Carillion (LON:CLLN) from GBX 370 ($5.93) to GBX 340 ($5.45) in a research note to investors on Tuesday, September 3rd. They now have a “buy” rating on the stock. Separately, analysts at UBS AG cut their price target on shares of Carillion (LON:CLLN) from GBX 210 ($3.36) to GBX 200 ($3.20) in a research note to investors on Tuesday, August 27th. They now have a “sell” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Carillion (LON:CLLN) in a research note to investors on Friday, August 23rd.
Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 301.11 ($4.82).
Carillion (LON:CLLN) opened at 317.30 on Monday. Carillion has a 52 week low of GBX 240.00 and a 52 week high of GBX 334.00. The stock’s 50-day moving average is GBX 299.2 and its 200-day moving average is GBX 280.1. The company’s market cap is £1.365 billion.
Carillion plc is an integrated support services company, with a portfolio of public private partnership projects and construction capabilities.
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