Cable and Wireless Communications Plc Given Consensus Recommendation of “Hold” by Brokerages (LON:CWC)
Cable and Wireless Communications Plc (LON:CWC) has earned a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the company, Stock Ratings Network.com reports. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 116.05 ($1.99).
Shares of Cable and Wireless Communications Plc (LON:CWC) opened at 47.46 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’s 50-day moving average is GBX 50.78 and its 200-day moving average is GBX 52.97. The company’s market cap is £1.188 billion.
Several analysts have recently commented on the stock. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Cable and Wireless Communications Plc in a research note on Friday, June 27th. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Cable and Wireless Communications Plc in a research note on Friday, June 20th. They now have a GBX 750 ($12.86) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Cable and Wireless Communications Plc in a research note on Tuesday, June 10th. They now have a GBX 68 ($1.17) price target on the stock.
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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