CareTech Holdings plc (CTH) Price Target Raised to GBX 465
CareTech Holdings plc (LON:CTH) had its price target upped by research analysts at FinnCap from GBX 425 ($5.41) to GBX 465 ($5.92) in a research report issued on Monday. The brokerage presently has a “buy” rating on the stock. FinnCap’s target price would suggest a potential upside of 5.68% from the company’s current price.
Separately, Panmure Gordon reaffirmed a “buy” rating and set a GBX 458 ($5.84) target price on shares of CareTech Holdings plc in a research report on Thursday, April 27th.
Shares of CareTech Holdings plc (LON CTH) traded up 3.77% on Monday, reaching GBX 440.00. The company’s stock had a trading volume of 34,681 shares. CareTech Holdings plc has a one year low of GBX 228.00 and a one year high of GBX 440.00. The firm has a 50-day moving average price of GBX 403.35 and a 200 day moving average price of GBX 365.82. The firm’s market capitalization is GBX 282.46 million.
The business also recently announced a dividend, which will be paid on Friday, November 24th. Shareholders of record on Thursday, October 26th will be given a dividend of GBX 3.30 ($0.04) per share. The ex-dividend date is Thursday, October 26th. This represents a yield of 0.75%.
About CareTech Holdings plc
CareTech Holdings PLC is a provider of social care services. The Company’s segments include Adult Services (Adult) and Children Services (Children). The Adult Services segment consists of the Adult Learning Disabilities (ALD) and Mental Health (MH) divisions. The Children Services segment consists of Young People Residential Services (YPR), Foster Care (FC) and Learning Services (Learning).
Receive News & Ratings for CareTech Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CareTech Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.