Stifel Nicolaus cut shares of Carillion plc (LON:CLLN) to a hold rating in a research report sent to investors on Tuesday, July 11th. They currently have GBX 114 ($1.48) price objective on the stock, down from their previous price objective of GBX 290 ($3.78).
A number of other analysts have also recently weighed in on the stock. Numis Securities Ltd reaffirmed an under review rating on shares of Carillion plc in a report on Tuesday, July 11th. Morgan Stanley reaffirmed an equal weight rating and issued a GBX 260 ($3.39) price objective on shares of Carillion plc in a report on Tuesday, July 11th. Beaufort Securities cut shares of Carillion plc to a hold rating in a report on Tuesday, July 11th. Liberum Capital reaffirmed an under review rating on shares of Carillion plc in a report on Monday, July 10th. Finally, Peel Hunt reissued 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. Three research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. Carillion plc has an average rating of Hold and a consensus price target of GBX 168.60 ($2.20).
Shares of Carillion plc (CLLN) opened at 56.80 on Tuesday. The stock’s market cap is GBX 244.35 million. The stock has a 50 day moving average of GBX 115.26 and a 200 day moving average of GBX 189.00. Carillion plc has a one year low of GBX 49.36 and a one year high of GBX 301.40.
In other Carillion plc news, insider Richard Howson acquired 8,719 shares of Carillion plc stock in a transaction dated 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).
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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