Carillion plc (LON:CLLN)‘s stock had its “under review” rating reaffirmed by stock analysts at Liberum Capital in a note issued to investors on Tuesday.
A number of other equities analysts have also commented on the stock. J P Morgan Chase & Co lowered shares of Carillion plc to a “neutral” rating and reduced their price target for the company from GBX 292 ($3.81) to GBX 64 ($0.84) in a research report on Thursday, July 13th. Royal Bank Of Canada reduced their price target on shares of Carillion plc from GBX 230 ($3.00) to GBX 100 ($1.31) and set a “sector performer” rating on the stock in a research report on Wednesday, July 12th. UBS AG reduced their price target on shares of Carillion plc from GBX 185 ($2.42) to GBX 78 ($1.02) and set a “sell” rating on the stock in a research report on Tuesday, July 11th. Stifel Nicolaus lowered shares of Carillion plc to a “hold” rating and reduced their price target for the company from GBX 290 ($3.79) to GBX 114 ($1.49) in a research report on Tuesday, July 11th. Finally, Numis Securities Ltd restated an “under review” rating on shares of Carillion plc in a research report on Tuesday, July 11th. Three research analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 168.60 ($2.20).
Shares of Carillion plc (CLLN) opened at 66.90 on Tuesday. Carillion plc has a 52 week low of GBX 49.51 and a 52 week high of GBX 301.40. The firm’s market cap is GBX 287.80 million. The firm has a 50 day moving average of GBX 199.30 and a 200 day moving average of GBX 218.02.
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In related news, insider Richard Howson bought 8,719 shares of the company’s stock in a transaction on Friday, June 9th. The stock was bought at an average cost of GBX 197 ($2.57) per share, with a total value of £17,176.43 ($22,429.39).
Carillion plc Company Profile
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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