Cambian Group PLC (CMBN) Earns Add Rating from Numis Securities Ltd
Cambian Group PLC (LON:CMBN)‘s stock had its “add” rating restated by research analysts at Numis Securities Ltd in a report released on Wednesday. They presently have a GBX 120 ($1.57) price target on the stock. Numis Securities Ltd’s price objective points to a potential upside of 0.21% from the stock’s previous close.
A number of other research analysts also recently commented on CMBN. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 119 ($1.55) price objective on shares of Cambian Group PLC in a research note on Thursday, September 15th. Canaccord Genuity upped their price objective on shares of Cambian Group PLC from GBX 95 ($1.24) to GBX 118 ($1.54) and gave the company a “speculative buy” rating in a research note on Friday, September 30th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 104.67 ($1.37).
Shares of Cambian Group PLC (LON:CMBN) traded down 0.21% on Wednesday, reaching GBX 119.75. 1,582,249 shares of the company were exchanged. The company has a 50-day moving average price of GBX 90.22 and a 200 day moving average price of GBX 69.48. The stock’s market capitalization is GBX 216.50 million. Cambian Group PLC has a 1-year low of GBX 48.25 and a 1-year high of GBX 290.00.
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About Cambian Group PLC
Cambian Group plc is a provider of specialist behavioral health services for children and adults. The Company provides services to adults, which include specialist mental health services, acquired brain injury services and specialist residential care services. The services provided to children include specialist education services, specialist residential care services, foster care services and specialist mental health services.
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