Carillion plc (LON:CLLN)‘s stock had its “reduce” rating reissued by Peel Hunt in a research report issued on Monday. They presently have a GBX 200 ($2.59) price objective on the stock. Peel Hunt’s price target would suggest a potential upside of 4.11% from the company’s previous close.
Several other equities analysts also recently weighed in on CLLN. Jefferies Group LLC downgraded shares of Carillion plc to a “hold” rating and decreased their price target for the stock from GBX 360 ($4.66) to GBX 230 ($2.98) in a research note on Tuesday, March 28th. Liberum Capital reissued a “hold” rating and issued a GBX 200 ($2.59) price target on shares of Carillion plc in a research note on Wednesday, March 29th. Finally, J P Morgan Chase & Co raised shares of Carillion plc to an “overweight” rating and raised their price target for the stock from GBX 231 ($2.99) to GBX 292 ($3.78) in a research note on Tuesday, April 25th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. Carillion plc currently has an average rating of “Hold” and a consensus price target of GBX 230.29 ($2.98).
Shares of Carillion plc (CLLN) opened at 135.30 on Monday. The stock has a 50 day moving average of GBX 199.30 and a 200-day moving average of GBX 218.02. Carillion plc has a 12-month low of GBX 113.80 and a 12-month high of GBX 301.40. The company’s market capitalization is GBX 582.06 million.
In other news, insider Richard Howson acquired 8,719 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The stock was purchased at an average cost of GBX 197 ($2.55) per share, for a total transaction of £17,176.43 ($22,249.26).
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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