Cape PLC (LON:CIU)‘s stock had its “buy” rating reissued by Numis Securities Ltd in a note issued to investors on Monday. They presently have a GBX 270 ($3.37) price objective on the stock. Numis Securities Ltd’s price objective points to a potential upside of 74.47% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. Canaccord Genuity reiterated a “buy” rating and issued a GBX 350 ($4.37) target price on shares of Cape PLC in a research report on Tuesday, August 23rd. Macquarie reiterated a “neutral” rating and issued a GBX 180 ($2.25) target price on shares of Cape PLC in a research report on Tuesday, August 30th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Cape PLC in a research report on Wednesday, August 24th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of GBX 254.50 ($3.18).

Analyst Recommendations for Cape PLC (LON:CIU)

Shares of Cape PLC (LON:CIU) opened at 154.00 on Monday. Cape PLC has a 52-week low of GBX 153.81 and a 52-week high of GBX 262.50. The stock’s 50 day moving average is GBX 201.60 and its 200 day moving average is GBX 200.71. The company’s market cap is GBX 186.37 million.

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About Cape PLC

Cape plc (Cape) is a holding company. The Company is engaged in the provision of critical industrial services principally to the energy and natural resources sectors. Cape provides a multi-disciplinary service offering, including the traditional services of access, insulation, coatings and mechanical, and a range of specialist services, including refractory linings, oil and gas storage tanks, heat exchanger replacement and refurbishment, and environmental services.

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