Carillion plc (CLLN) PT Lowered to GBX 250
Carillion plc (LON:CLLN) had its price objective reduced by investment analysts at Royal Bank Of Canada from GBX 275 ($3.40) to GBX 250 ($3.09) in a note issued to investors on Thursday. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 0.93% from the company’s current price.
Other equities research analysts have also recently issued reports about the company. Beaufort Securities reaffirmed a “buy” rating on shares of Carillion plc in a research note on Tuesday, September 6th. Liberum Capital reaffirmed a “hold” rating and set a GBX 250 ($3.09) price objective on shares of Carillion plc in a research note on Tuesday. Peel Hunt reaffirmed an “add” rating and set a GBX 300 ($3.71) price objective on shares of Carillion plc in a research note on Wednesday, August 24th. Jefferies Group decreased their price objective on Carillion plc from GBX 370 ($4.58) to GBX 360 ($4.46) and set a “buy” rating for the company in a research note on Thursday, August 25th. Finally, JPMorgan Chase & Co. cut Carillion plc to an “underweight” rating and lifted their price objective for the stock from GBX 225 ($2.78) to GBX 250 ($3.09) in a research note on Thursday, August 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Carillion plc currently has an average rating of “Hold” and an average price target of GBX 302.13 ($3.74).
Shares of Carillion plc (LON:CLLN) traded down 2.66% on Thursday, reaching GBX 241.10. The company’s stock had a trading volume of 3,045,489 shares. The stock’s market cap is GBX 1.04 billion. Carillion plc has a 1-year low of GBX 195.90 and a 1-year high of GBX 322.36. The company’s 50 day moving average is GBX 261.10 and its 200-day moving average is GBX 269.26.
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The company also recently declared a dividend, which will be paid on Wednesday, November 2nd. Stockholders of record on Thursday, September 1st will be issued a GBX 5.80 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, September 1st. This represents a dividend 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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