Cape PLC (LON:CIU) is scheduled to announce its earnings results before the market opens on Tuesday, August 22nd.

Cape PLC (LON:CIU) opened at 261.75 on Tuesday. The company has a 50-day moving average price of GBX 242.75 and a 200 day moving average price of GBX 220.71. Cape PLC has a 52-week low of GBX 139.00 and a 52-week high of GBX 268.00. The company’s market capitalization is GBX 316.78 million.

TRADEMARK VIOLATION WARNING: This article was posted by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/08/15/cape-plc-lonciu-set-to-announce-quarterly-earnings-on-tuesday.html.

CIU has been the subject of several recent analyst reports. Canaccord Genuity raised their target price on shares of Cape PLC from GBX 250 ($3.25) to GBX 275 ($3.57) and gave the company a “buy” rating in a research note on Wednesday, May 10th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 290 ($3.76) target price on shares of Cape PLC in a research note on Wednesday, July 5th. Numis Securities Ltd restated a “buy” rating and issued a GBX 300 ($3.89) target price on shares of Cape PLC in a research note on Thursday, June 22nd. Finally, Macquarie downgraded shares of Cape PLC to a “neutral” rating and lowered their target price for the company from GBX 240 ($3.12) to GBX 235 ($3.05) in a research note on Tuesday, June 6th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Cape PLC presently has an average rating of “Buy” and a consensus price target of GBX 275 ($3.57).

About Cape PLC

Cape plc (Cape) is a holding company. The Company is engaged in the provision of critical industrial services principally to the energy and natural resources sectors. Cape provides a multi-disciplinary service offering, including the traditional services of access, insulation, coatings and mechanical, and a range of specialist services, including refractory linings, oil and gas storage tanks, heat exchanger replacement and refurbishment, and environmental services.

Receive News & Ratings for Cape PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cape PLC and related companies with MarketBeat.com's FREE daily email newsletter.