Carillion’s (CLLN) “Sell” Rating Reaffirmed at Peel Hunt
Carillion (LON:CLLN)‘s stock had its “sell” rating reiterated by stock analysts at Peel Hunt in a report released on Friday.
A number of other brokerages also recently issued reports on CLLN. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 64 ($0.87) price objective on shares of Carillion in a research report on Monday, October 2nd. Jefferies Group cut their price objective on Carillion from GBX 80 ($1.08) to GBX 45 ($0.61) and set a “hold” rating for the company in a research report on Tuesday, October 3rd. Numis Securities cut their price objective on Carillion from GBX 60 ($0.81) to GBX 45 ($0.61) and set a “hold” rating for the company in a research report on Thursday, October 5th. Finally, Liberum Capital reissued an “under review” rating on shares of Carillion in a research report on Tuesday, October 31st. Four analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 126 ($1.71).
Shares of Carillion (CLLN) traded down GBX 5.78 ($0.08) on Friday, hitting GBX 14.20 ($0.19). The company’s stock had a trading volume of 56,593,899 shares, compared to its average volume of 8,370,000. Carillion has a twelve month low of GBX 12.50 ($0.17) and a twelve month high of GBX 239.11 ($3.24). The firm has a market cap of $61.10 and a P/E ratio of -5.70.
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.
Receive News & Ratings for Carillion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carillion and related companies with MarketBeat.com's FREE daily email newsletter.