Carillion plc’s Buy Rating Reaffirmed at Liberum Capital (CLLN)
Carillion plc (LON:CLLN)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Friday. They currently have a GBX 420 ($7.06) price target on the stock. Liberum Capital’s price objective would suggest a potential upside of 19.32% from the stock’s previous close.
Shares of Carillion plc (LON:CLLN) traded down 1.56% on Friday, hitting GBX 346.50. The stock had a trading volume of 1,039,689 shares. Carillion plc has a 52 week low of GBX 255.504 and a 52 week high of GBX 395.00. The stock’s 50-day moving average is GBX 357.3 and its 200-day moving average is GBX 346.6. The company’s market cap is £1.491 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Carillion plc in a research note on Thursday. They now have a GBX 401 ($6.74) price target on the stock. Finally, 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 ($4.03) price target on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of GBX 374.15 ($6.29).
Carillion plc is an integrated support services company, with a portfolio of public private partnership projects and construction capabilities.
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