Carillion plc Receives Average Recommendation of “Hold” from Brokerages (LON:CLLN)
Shares of Carillion plc (LON:CLLN) have received an average rating of “Hold” from the twenty brokerages that are presently covering the company, AnalystRatingsNetwork reports. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 347.25 ($5.81).
Shares of Carillion plc (LON:CLLN) opened at 359.60 on Tuesday. Carillion plc has a 1-year low of GBX 240.00 and a 1-year high of GBX 395.00. The stock has a 50-day moving average of GBX 362.3 and a 200-day moving average of GBX 328.2. The company’s market cap is £1.547 billion.
The company also recently declared a dividend, which is scheduled for Friday, June 13th. Investors of record on Wednesday, May 14th will be given a dividend of GBX 12 ($0.20) per share. This represents a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, May 14th.
Several analysts have recently commented on the stock. Analysts at Cantor Fitzgerald Europe upgraded shares of Carillion plc to a “buy” rating in a research note on Wednesday, April 9th. They now have a GBX 420 ($7.03) price target on the stock, up previously from GBX 350 ($5.86). Finally, analysts at Jefferies Group initiated coverage on shares of Carillion plc in a research note on Friday, March 28th. They set a “buy” rating and a GBX 518 ($8.67) price target on the stock.
Carillion plc is an integrated support services company, with a portfolio of public private partnership projects and construction capabilities.
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