Carillion plc Rating Reiterated by Oriel Securities Ltd (CLLN)
Carillion plc (LON:CLLN)‘s stock had its “buy” rating reiterated by investment analysts at Oriel Securities Ltd in a note issued to investors on Tuesday, American Banking & Market News reports. They currently have a GBX 401 ($6.75) price target on the stock. Oriel Securities Ltd’s price objective would suggest a potential upside of 9.56% from the stock’s previous close.
Carillion plc (LON:CLLN) traded down 0.36% during mid-day trading on Tuesday, hitting GBX 364.70. The stock had a trading volume of 301,682 shares. 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 365.6 and a 200-day moving average of GBX 338.. The company’s market cap is £1.569 billion.
A number of other firms have also recently commented on CLLN. Analysts at HSBC reiterated an “underweight” rating on shares of Carillion plc in a research note on Tuesday, April 29th. They now have a GBX 240 ($4.04) price target on the stock. Separately, 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 ($7.07) price target on the stock, up previously from GBX 350 ($5.90). Finally, analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of Carillion plc in a research note on Monday, March 31st. They now have a GBX 350 ($5.90) price target on the stock. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 356.93 ($6.01).
Carillion plc is an integrated support services company, with a portfolio of public private partnership projects and construction capabilities.
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