Carillion plc (CLLN) Earns “Hold” Rating from Liberum Capital
Carillion plc (LON:CLLN)‘s stock had its “hold” rating reissued by investment analysts at Liberum Capital in a note issued to investors on Tuesday. They presently have a GBX 250 ($3.09) price target on the stock. Liberum Capital’s price objective indicates a potential upside of 0.81% from the company’s previous close.
Several other research firms have also weighed in on CLLN. Beaufort Securities reiterated a “buy” rating on shares of Carillion plc in a report on Wednesday, October 5th. JPMorgan Chase & Co. lowered Carillion plc to an “underweight” rating and boosted their price target for the company from GBX 225 ($2.78) to GBX 250 ($3.09) in a report on Thursday, August 25th. Jefferies Group cut their price target on Carillion plc from GBX 370 ($4.58) to GBX 360 ($4.46) and set a “buy” rating on the stock in a report on Thursday, August 25th. Finally, Peel Hunt restated an “add” rating and issued a GBX 300 ($3.71) price target on shares of Carillion plc in a report on Wednesday, August 24th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. Carillion plc currently has an average rating of “Hold” and a consensus target price of GBX 305.25 ($3.78).
Carillion plc (LON:CLLN) opened at 248.00 on Tuesday. The firm’s market cap is GBX 1.07 billion. The stock’s 50 day moving average price is GBX 262.46 and its 200-day moving average price is GBX 269.71. Carillion plc has a one year low of GBX 195.90 and a one year high of GBX 327.70.
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The business also recently announced a dividend, which will be paid on Wednesday, November 2nd. Investors of record on Thursday, September 1st will be issued a dividend of GBX 5.80 ($0.07) per share. The ex-dividend date of this dividend is Thursday, September 1st. This represents a yield of 1.96%.
Carillion plc Company Profile
Carillion plc is an integrated support services company. The Company has a portfolio of Public Private Partnership projects and construction capabilities. It operates through four business segments: Support services, Public Private Partnership projects, Middle East construction services and Construction services.
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