Cape PLC’s “Neutral” Rating Reiterated at WH Ireland (CIU)
Cape PLC (LON:CIU)‘s stock had its “neutral” rating reiterated by stock analysts at WH Ireland in a report issued on Wednesday. They currently have a GBX 300 ($4.96) price objective on the stock. WH Ireland’s price target points to a potential downside of 1.80% from the stock’s previous close.
Cape PLC (LON:CIU) opened at 302.50 on Wednesday. Cape PLC has a 52-week low of GBX 225.50 and a 52-week high of GBX 335.00. The stock has a 50-day moving average of GBX 286.6 and a 200-day moving average of GBX 294.6. The company’s market cap is £366.3 million.
Separately, 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 analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 316.60 ($5.24).
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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