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Cable and Wireless Communications Plc (LON:CWC)‘s stock had its “hold” rating reaffirmed by stock analysts at Jefferies Group in a report issued on Wednesday, Stock Ratings Network.com reports. They currently have a GBX 48 ($0.81) price target on the stock. Jefferies Group’s price objective would suggest a potential downside of 10.70% from the company’s current price.

Shares of Cable and Wireless Communications Plc (LON:CWC) opened at 53.75 on Wednesday. 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 has a 50-day moving average of GBX 52.06 and a 200-day moving average of GBX 51.29. The company’s market cap is £1.344 billion.

A number of other analysts have also recently weighed in on CWC. Analysts at Goldman Sachs upgraded shares of Cable and Wireless Communications Plc to a “buy” rating in a research note on Tuesday, April 29th. They now have a GBX 68 ($1.14) price target on the stock, up previously from GBX 50 ($0.84). Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Cable and Wireless Communications Plc in a research note on Friday, April 25th. They now have a GBX 68 ($1.14) price target on the stock. Finally, analysts at Nomura reiterated a “reduce” rating on shares of Cable and Wireless Communications Plc in a research note on Tuesday, April 22nd. They now have a GBX 44 ($0.74) price target on the stock. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 49.32 ($0.83).

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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