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Cardno Limited (ASX:CDD)‘s stock had its “reduce” rating reaffirmed by analysts at Morningstar in a research report issued to clients and investors on Wednesday, American Banking News reports.

Separately, analysts at Goldman Sachs Group Inc. upgraded shares of Cardno Limited from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, November 12th.

Shares of Cardno Limited (ASX:CDD) remained flat at A$6.080 during trading on Wednesday. The stock had a trading volume of 302,881 shares. Cardno Limited has a 1-year low of A$4.790 and a 1-year high of A$7.560. The stock has a 50-day moving average of A$6.55 and a 200-day moving average of A$6.47. The company has a market cap of A$870.5 million and a P/E ratio of 11.39.

Cardno Limited (ASX:CDD) is a provider of professional services in physical and social infrastructure.

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