Cape PLC (LON:CIU) Set to Announce Quarterly Earnings on Tuesday
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.
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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.
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