Carillion plc’s Hold Rating Reaffirmed at Numis Securities Ltd (CLLN)
Carillion plc (LON:CLLN)‘s stock had its “hold” rating reiterated by Numis Securities Ltd in a research note issued on Monday. They currently have a GBX 315 ($5.27) price target on the stock. Numis Securities Ltd’s target price points to a potential downside of 5.43% from the company’s current price.
Shares of Carillion plc (LON:CLLN) opened at 336.60 on Monday. Carillion plc has a 52-week low of GBX 282.90 and a 52-week high of GBX 395.00. The stock’s 50-day moving average is GBX 334.4 and its 200-day moving average is GBX 351.2. The company’s market cap is £1.448 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, November 5th. Stockholders 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 is Wednesday, September 3rd.
A number of other firms have also recently commented on CLLN. Analysts at RBC Capital reiterated an “outperform” rating on shares of Carillion plc in a research note on Friday. They now have a GBX 385 ($6.44) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Carillion plc in a research note on Thursday. They now have a GBX 380 ($6.35) price target on the stock. Finally, 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 ($8.66) price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the company. Carillion plc presently has an average rating of “Buy” and an average target price of GBX 382.73 ($6.40).
Carillion plc is an integrated support services company, with a portfolio of public private partnership projects and construction capabilities.
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