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Several investment firms have updated their stock ratings and price targets on shares of Cape PLC (LON: CIU) in the last week:

  • Cape PLC had its “add” rating reaffirmed by analysts at Investec. They now have a GBX 325 ($5.39) price target on the stock.
  • Cape PLC had its “hold” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 310 ($5.14) price target on the stock.
  • Cape PLC had its “neutral” rating reaffirmed by analysts at WH Ireland. They now have a GBX 300 ($4.98) price target on the stock.
  • Cape PLC had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 360 ($5.97) price target on the stock.
  • Cape PLC was upgraded by analysts at Numis Securities Ltd to a “buy” rating. They now have a GBX 370 ($6.14) price target on the stock.

Cape PLC (LON:CIU) opened at 308.25 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 289.8 and its 200-day moving average is GBX 296.0. The company’s market cap is £373.2 million.

The company also recently declared a dividend, which is scheduled for Friday, October 10th. Stockholders of record on Wednesday, September 10th will be given a dividend of GBX 4.50 ($0.07) per share. This represents a yield of 1.49%. The ex-dividend date of this dividend is Wednesday, September 10th.

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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