Carillion plc (CLLN) Rating Reiterated by Peel Hunt
Carillion plc (LON:CLLN)‘s stock had its “reduce” rating reaffirmed by stock analysts at Peel Hunt in a research note issued on Tuesday. They currently have a GBX 40 ($0.53) price target on the stock. Peel Hunt’s target price suggests a potential downside of 13.04% from the company’s previous close.
A number of other equities analysts have also recently issued reports on the stock. Liberum Capital reiterated an “under review” rating on shares of Carillion plc in a research note on Tuesday. Numis Securities Ltd dropped their price target on shares of Carillion plc from GBX 60 ($0.79) to GBX 45 ($0.59) and set a “hold” rating on the stock in a research note on Thursday, October 5th. Jefferies Group LLC dropped their price target on shares of Carillion plc from GBX 80 ($1.06) to GBX 45 ($0.59) and set a “hold” rating on the stock in a research note on Tuesday, October 3rd. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 64 ($0.84) price target on shares of Carillion plc in a research note on Monday, October 2nd. Finally, Royal Bank Of Canada dropped their price target on shares of Carillion plc from GBX 230 ($3.04) to GBX 100 ($1.32) and set a “sector performer” rating on the stock in a research note on Wednesday, July 12th. Three research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. Carillion plc currently has a consensus rating of “Hold” and a consensus price target of GBX 126 ($1.66).
Carillion plc (LON:CLLN) opened at 47.025 on Tuesday. Carillion plc has a 1-year low of GBX 40.15 and a 1-year high of GBX 265.00. The firm has a 50 day moving average of GBX 45.81 and a 200-day moving average of GBX 117.20. The company’s market capitalization is GBX 202.30 million.
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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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