Cable & Wireless Communications Rating Reiterated by Deutsche Bank (CWC)
Cable & Wireless Communications (LON:CWC)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Wednesday, American Banking News.com reports. They currently have a GBX 57 ($0.94) price objective on the stock. Deutsche Bank’s price objective indicates a potential upside of 8.47% from the stock’s previous close.
CWC has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “equal weight” rating on shares of Cable & Wireless Communications in a research note to investors on Thursday, January 23rd. They now have a GBX 43 ($0.71) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Cable & Wireless Communications in a research note to investors on Wednesday, January 22nd. They now have a GBX 68 ($1.12) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Cable & Wireless Communications from GBX 43 ($0.71) to GBX 50 ($0.82) in a research note to investors on Wednesday, January 22nd. They now have a “neutral” rating on the stock. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company. Cable & Wireless Communications currently has a consensus rating of “Hold” and an average price target of GBX 47.32 ($0.78).
Shares of Cable & Wireless Communications (LON:CWC) traded up 0.57% on Wednesday, hitting GBX 52.55. 4,379,249 shares of the company’s stock traded hands. Cable & Wireless Communications has a 52 week low of GBX 37.94 and a 52 week high of GBX 58.50. The stock has a 50-day moving average of GBX 54.05 and a 200-day moving average of GBX 45.53. The company’s market cap is £1.314 billion.
Cable & Wireless Communications Plc is an international telecommunications service provider. It operates integrated telecommunications companies offering mobile, broadband, television (LON:CWC) and fixed line and enterprise services to residential and business customers.
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