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Investment analysts at Jefferies Group hoisted their target price on shares of Cable and Wireless Communications Plc (LON:CWC) from GBX 48 ($0.81) to GBX 61 ($1.03) in a note issued to investors on Wednesday. The firm currently has a “hold” rating on the stock. Jefferies Group’s price target indicates a potential upside of 9.91% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs reiterated a “buy” rating on shares of Cable and Wireless Communications Plc in a research note on Wednesday. They now have a GBX 68 ($1.14) price target on the stock. 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 Thursday, May 22nd. 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 Thursday, May 22nd. They now have a GBX 40 ($0.67) price target on the stock. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 51.27 ($0.86).

Cable and Wireless Communications Plc (LON:CWC) traded down 2.97% on Wednesday, hitting GBX 53.85. The stock had a trading volume of 1,479,263 shares. 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 53.14 and a 200-day moving average of GBX 52.57. The company’s market cap is £1.348 billion.

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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