Carillion plc (LON:CLLN) has been assigned a consensus rating of “Hold” from the twelve brokerages that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating and seven have issued a hold rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 167.33 ($2.18).
Several brokerages recently weighed in on CLLN. Liberum Capital restated a “hold” rating and set a GBX 200 ($2.60) target price on shares of Carillion plc in a research note on Monday, April 10th. J P Morgan Chase & Co upgraded Carillion plc to an “overweight” rating and increased their target price for the company from GBX 231 ($3.01) to GBX 292 ($3.80) in a research note on Tuesday, April 25th. Peel Hunt restated a “reduce” rating and set a GBX 200 ($2.60) target price on shares of Carillion plc in a research note on Monday, July 10th. Beaufort Securities downgraded Carillion plc to a “hold” rating in a research note on Tuesday, July 11th. Finally, Numis Securities Ltd restated an “under review” rating on shares of Carillion plc in a research note on Tuesday, July 11th.
In other news, insider Richard Howson acquired 8,719 shares of Carillion plc stock in a transaction on Friday, June 9th. The stock was bought at an average price of GBX 197 ($2.57) per share, for a total transaction of £17,176.43 ($22,368.06).
Shares of Carillion plc (CLLN) traded down 2.41% during trading on Friday, hitting GBX 56.80. The company’s stock had a trading volume of 2,979,850 shares. The firm’s 50 day moving average is GBX 115.26 and its 200-day moving average is GBX 189.00. The company’s market capitalization is GBX 244.35 million. Carillion plc has a 1-year low of GBX 49.36 and a 1-year high of GBX 301.40.
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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