Liberum Capital Reiterates “Hold” Rating for Carillion (CLLN)
Carillion (LON:CLLN)‘s stock had its “hold” rating reaffirmed by Liberum Capital in a research note issued on Tuesday, American Banking & Market News reports. They currently have a GBX 280 ($4.49) target price on the stock. Liberum Capital’s price target points to a potential downside of 10.34% from the stock’s previous close.
Carillion (LON:CLLN) opened at 316.20 on Tuesday. Carillion has a 52 week low of GBX 240.00 and a 52 week high of GBX 334.00. The stock has a 50-day moving average of GBX 299.2 and a 200-day moving average of GBX 280.1. The company’s market cap is £1.360 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Carillion (LON:CLLN) in a research note to investors on Monday. They now have a GBX 315 ($5.05) price target on the stock. Separately, 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. Finally, 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.
Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 302.53 ($4.85).
Carillion plc is an integrated support services company, with a portfolio of public private partnership projects and construction capabilities.
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