Carillion plc Rating Reiterated by RBC Capital (CLLN)
Carillion plc (LON:CLLN)‘s stock had its “outperform” rating reaffirmed by investment analysts at RBC Capital in a note issued to investors on Friday. They currently have a GBX 385 ($6.46) price target on the stock. RBC Capital’s price target indicates a potential upside of 20.31% from the stock’s previous close.
Shares of Carillion plc (LON:CLLN) opened at 339.10 on Friday. Carillion plc has a 52 week low of GBX 278.50 and a 52 week high of GBX 395.00. The stock’s 50-day moving average is GBX 334.3 and its 200-day moving average is GBX 351.3. The company’s market cap is £1.459 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, November 5th. Investors of record on Wednesday, September 3rd will be paid a dividend of GBX 5.60 ($0.09) per share. This represents a dividend yield of 1.62%. The ex-dividend date of this dividend is Wednesday, September 3rd.
CLLN has been the subject of a number of other recent research reports. Analysts at Investec reiterated a “buy” rating on shares of Carillion plc in a research note on Thursday. They now have a GBX 380 ($6.37) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Carillion plc in a research note on Friday, July 25th. They now have a GBX 518 ($8.69) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Carillion plc in a research note on Monday, July 21st. They now have a GBX 420 ($7.05) price target on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of GBX 379.58 ($6.37).
Carillion plc is an integrated support services company, with a portfolio of public private partnership projects and construction capabilities.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.