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Cable and Wireless Communications Plc (LON:CWC)‘s stock had its “buy” rating reaffirmed by equities research analysts at Espirito Santo Investment Bank Research in a research note issued to investors on Friday, Analyst Ratings Network.com reports. They currently have a GBX 68 ($1.14) price target on the stock. Espirito Santo Investment Bank Research’s price target would suggest a potential upside of 28.96% from the stock’s previous close.

Cable and Wireless Communications Plc (LON:CWC) opened at 52.73 on Friday. Cable and Wireless Communications Plc has a 52 week low of GBX 37.94 and a 52 week high of GBX 58.50. The stock’s 50-day moving average is GBX 52.11 and its 200-day moving average is GBX 50.87. The company’s market cap is £1.319 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “reduce” rating on shares of Cable and Wireless Communications Plc in a research note on Tuesday. They now have a GBX 44 ($0.74) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Cable and Wireless Communications Plc in a research note on Wednesday, April 16th. They now have a GBX 43 ($0.72) price target on the stock. Finally, analysts at Citigroup Inc. downgraded shares of Cable and Wireless Communications Plc to a “sell” rating in a research note on Tuesday, February 25th. They now have a GBX 50 ($0.84) price target on the stock, up previously from GBX 43 ($0.72). Three analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company. Cable and Wireless Communications Plc presently has a consensus rating of “Hold” and an average price target of GBX 48.04 ($0.81).

Cable & Wireless Communications Plc is an international telecommunications service provider. It operates integrated telecommunications companies offering mobile, broadband, television (LON:CWC), fixed line and enterprise services to residential and business customers.

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