Carillion plc (CLLN) Given Consensus Rating of “Hold” by Brokerages
Shares of Carillion plc (LON:CLLN) have been given a consensus recommendation of “Hold” by the eight analysts that are covering the stock. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 233.14 ($3.01).
Several research firms have recently commented on CLLN. Peel Hunt cut Carillion plc to a “reduce” rating and reduced their price target for the company from GBX 275 ($3.55) to GBX 225 ($2.90) in a report on Tuesday, January 24th. Liberum Capital reissued a “hold” rating and issued a GBX 200 ($2.58) price target on shares of Carillion plc in a report on Monday, April 10th. Jefferies Group LLC cut Carillion plc to a “hold” rating and reduced their price target for the company from GBX 360 ($4.65) to GBX 230 ($2.97) in a report on Tuesday, March 28th. Berenberg Bank reissued a “hold” rating and issued a GBX 260 ($3.36) price target on shares of Carillion plc in a report on Thursday, February 9th. Finally, JPMorgan Chase & Co. raised Carillion plc to an “overweight” rating and raised their price target for the company from GBX 231 ($2.98) to GBX 292 ($3.77) in a report on Tuesday, April 25th.
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Carillion plc (LON:CLLN) opened at 205.30 on Monday. The firm’s market capitalization is GBX 883.19 million. The firm has a 50-day moving average price of GBX 216.06 and a 200-day moving average price of GBX 228.95. Carillion plc has a one year low of GBX 195.90 and a one year high of GBX 301.40.
The company also recently disclosed a dividend, which will be paid on Friday, June 9th. Investors of record on Thursday, May 11th will be issued a dividend of GBX 12.65 ($0.16) per share. The ex-dividend date of this dividend is Thursday, May 11th. This is a boost from Carillion plc’s previous dividend of $5.80. This represents a yield of 6.12%.
Carillion plc Company Profile
Carillion plc is an integrated support services company. The Company operates through four business segments: Support services, Public Private Partnership projects, Middle East construction services and Construction services (excluding the Middle East). The Support Services segment includes its facilities management, facilities services, energy services, rail services, road maintenance services, utilities services, remote site accommodation services and consultancy businesses in the United Kingdom, Canada and the Middle East.
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