Cape PLC Stock Rating Reaffirmed by Numis Securities Ltd (CIU)
Cape PLC (LON:CIU)‘s stock had its “hold” rating reissued by equities research analysts at Numis Securities Ltd in a research note issued to investors on Wednesday. They currently have a GBX 310 ($5.13) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 1.47% from the stock’s previous close.
CIU has been the subject of a number of other recent research reports. Analysts at WH Ireland reiterated a “neutral” rating on shares of Cape PLC in a research note on Wednesday. They now have a GBX 300 ($4.96) price target on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Cape PLC in a research note on Friday, July 4th. They now have a GBX 360 ($5.96) price target on the stock. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 316.60 ($5.24).
Cape PLC (LON:CIU) opened at 302.50 on Wednesday. Cape PLC has a 1-year low of GBX 225.50 and a 1-year high of GBX 335.00. The stock’s 50-day moving average is GBX 286.6 and its 200-day moving average is GBX 294.6. The company’s market cap is £366.3 million.
Cape plc, provides a range of non-mechanical industrial services, principally to plant operators in the oil and gas, power generation, chemical, minerals and mining sectors and engineering and construction (LON:CIU) contractors.
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