Carillion’s Hold Rating Reaffirmed at Cantor Fitzgerald Europe (CLLN)
Carillion (LON:CLLN)‘s stock had its “hold” rating restated by equities researchers at Cantor Fitzgerald Europe in a research report issued on Monday, American Banking News reports. They currently have a GBX 350 ($5.75) price target on the stock. Cantor Fitzgerald Europe’s target price indicates a potential downside of 1.82% from the stock’s previous close.
Shares of Carillion (LON:CLLN) traded up 0.42% during mid-day trading on Monday, hitting GBX 356.50. The stock had a trading volume of 1,281,446 shares. Carillion has a 52-week low of GBX 240.00 and a 52-week high of GBX 358.40. The stock’s 50-day moving average is GBX 319.6 and its 200-day moving average is GBX 303.9. The company’s market cap is £1.533 billion.
CLLN has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “hold” rating on shares of Carillion in a research note to investors on Friday, January 10th. They now have a GBX 300 ($4.92) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Carillion in a research note to investors on Wednesday, December 18th. They now have a GBX 300 ($4.92) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Carillion in a research note to investors on Wednesday, December 11th. They now have a GBX 315 ($5.17) price target on the stock. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 312.87 ($5.14).
Carillion plc is an integrated support services company, with a portfolio of public private partnership projects and construction capabilities.
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