Carillion plc (LON:CLLN) has been given an average recommendation of “Hold” by the eight brokerages that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 233.14 ($2.95).
Several research firms recently commented on CLLN. Peel Hunt cut their price target on Carillion plc from GBX 225 ($2.85) to GBX 200 ($2.53) and set a “reduce” rating for the company in a report on Wednesday, March 1st. Liberum Capital reaffirmed a “hold” rating and issued a GBX 200 ($2.53) price target on shares of Carillion plc in a report on Monday, April 10th. Canaccord Genuity reaffirmed a “sell” rating and issued a GBX 200 ($2.53) price target on shares of Carillion plc in a report on Thursday, March 2nd. J P Morgan Chase & Co cut their price target on Carillion plc from GBX 247 ($3.12) to GBX 231 ($2.92) and set a “neutral” rating for the company in a report on Thursday, March 2nd. Finally, Jefferies Group LLC cut Carillion plc to a “hold” rating and cut their price target for the company from GBX 360 ($4.55) to GBX 230 ($2.91) in a report on Tuesday, March 28th.
Carillion plc (LON CLLN) traded up 0.15% during trading on Monday, reaching GBX 197.60. The company’s stock had a trading volume of 4,781,469 shares. The firm’s market capitalization is GBX 850.07 million. The stock has a 50-day moving average of GBX 206.10 and a 200 day moving average of GBX 221.82. Carillion plc has a one year low of GBX 191.30 and a one year high of GBX 301.40.
In other Carillion plc news, insider Richard Howson acquired 8,719 shares of the stock in a transaction that occurred on Friday, June 9th. The stock was bought at an average cost of GBX 197 ($2.49) per share, for a total transaction of £17,176.43 ($21,728.56).
About Carillion plc
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.
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