CareTech (CTH) Earns Buy Rating from FinnCap
CareTech (LON:CTH)‘s stock had its “buy” rating reaffirmed by equities researchers at FinnCap in a research report issued on Thursday. They presently have a GBX 465 ($6.26) price objective on the stock. FinnCap’s price objective would suggest a potential upside of 9.35% from the company’s previous close.
Separately, Panmure Gordon reissued a “buy” rating and set a GBX 470 ($6.33) price target on shares of CareTech in a research report on Thursday, October 26th.
CareTech (LON:CTH) traded down GBX 7.75 ($0.10) on Thursday, hitting GBX 425.25 ($5.72). The stock had a trading volume of 13,731 shares, compared to its average volume of 49,547. CareTech has a fifty-two week low of GBX 296.90 ($4.00) and a fifty-two week high of GBX 461 ($6.20).
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).
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