Beaufort Securities Reiterates “Buy” Rating for Carillion plc (CLLN)
Carillion plc (LON:CLLN)‘s stock had its “buy” rating reissued by equities researchers at Beaufort Securities in a research report issued to clients and investors on Wednesday.
Several other equities research analysts have also issued reports on CLLN. Liberum Capital reiterated a “hold” rating on shares of Carillion plc in a research note on Monday, September 19th. JPMorgan Chase & Co. lowered shares of Carillion plc to an “underweight” rating and lifted their price target for the company from GBX 225 ($2.94) to GBX 250 ($3.26) in a research note on Thursday, August 25th. Jefferies Group lowered their price target on shares of Carillion plc from GBX 370 ($4.83) to GBX 360 ($4.70) and set a “buy” rating on the stock in a research note on Thursday, August 25th. Finally, Peel Hunt reiterated an “add” rating and issued a GBX 300 ($3.92) price target on shares of Carillion plc in a research note on Wednesday, August 24th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. Carillion plc presently has an average rating of “Hold” and an average target price of GBX 309.70 ($4.04).
Shares of Carillion plc (LON:CLLN) opened at 257.276 on Wednesday. The company has a 50 day moving average of GBX 266.68 and a 200 day moving average of GBX 271.15. The company’s market cap is GBX 1.11 billion. Carillion plc has a 1-year low of GBX 195.90 and a 1-year high of GBX 327.70.
The business also recently announced a dividend, which will be paid on Wednesday, November 2nd. Investors of record on Thursday, September 1st will be issued a dividend of GBX 5.80 ($0.08) per share. This represents a dividend yield of 1.96%. The ex-dividend date of this dividend is Thursday, September 1st.
Carillion plc Company Profile
Carillion plc is an integrated support services company. The Company has a portfolio of Public Private Partnership projects and construction capabilities. It operates through four business segments: Support services, Public Private Partnership projects, Middle East construction services and Construction services.
Receive News & Stock Ratings for Carillion plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carillion plc and related stocks with our FREE daily email newsletter.