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Cable and Wireless Communications Plc (LON:CWC)‘s stock had its “buy” rating restated by analysts at Goldman Sachs in a research report issued to clients and investors on Wednesday. They currently have a GBX 68 ($1.14) target price on the stock. Goldman Sachs’ target price points to a potential upside of 22.52% from the company’s current price.

Cable and Wireless Communications Plc (LON:CWC) traded down 3.78% on Wednesday, hitting GBX 53.40. The stock had a trading volume of 2,124,020 shares. Cable and Wireless Communications Plc has a 1-year low of GBX 37.94 and a 1-year high of GBX 58.50. The stock’s 50-day moving average is GBX 53.14 and its 200-day moving average is GBX 52.57. The company’s market cap is £1.337 billion.

CWC has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Cable and Wireless Communications Plc in a research note on Wednesday, May 21st. They now have a GBX 57 ($0.96) 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 assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 51.27 ($0.86).

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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