Carillion plc (CLLN) Given Average Rating of “Hold” by Brokerages
Shares of Carillion plc (LON:CLLN) have earned an average rating of “Hold” from the nine research firms that are presently covering the company. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 302.13 ($3.68).
Several research analysts have recently commented on CLLN shares. Peel Hunt reaffirmed an “add” rating and set a GBX 300 ($3.66) target price on shares of Carillion plc in a report on Wednesday, August 24th. Beaufort Securities reissued a “buy” rating on shares of Carillion plc in a research note on Thursday, August 25th. Jefferies Group decreased their price objective on shares of Carillion plc from GBX 370 ($4.51) to GBX 360 ($4.39) and set a “buy” rating on the stock in a research note on Thursday, August 25th. Liberum Capital reissued a “hold” rating and issued a GBX 250 ($3.05) price objective on shares of Carillion plc in a research note on Tuesday, October 11th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Carillion plc from GBX 309 ($3.77) to GBX 225 ($2.74) and set a “neutral” rating on the stock in a research note on Friday, July 8th.
Carillion plc (LON:CLLN) traded up 2.23% on Tuesday, hitting GBX 252.30. The stock had a trading volume of 2,770,834 shares. Carillion plc has a one year low of GBX 195.90 and a one year high of GBX 322.36. The stock’s 50 day moving average is GBX 257.01 and its 200 day moving average is GBX 268.24. The stock’s market cap is GBX 1.09 billion.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/18/carillion-plc-clln-given-average-rating-of-hold-by-brokerages.html
The firm also recently declared a dividend, which will be paid on Wednesday, November 2nd. Stockholders 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 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.
Receive News & Ratings for Carillion plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carillion plc and related companies with MarketBeat.com's FREE daily email newsletter.