Clipper Logistics PLC’s (CLG) “Buy” Rating Reaffirmed at N+1 Singer
Clipper Logistics PLC (LON:CLG)‘s stock had its “buy” rating reaffirmed by equities research analysts at N+1 Singer in a report released on Thursday. They presently have a GBX 370 ($4.59) target price on the stock. N+1 Singer’s price objective would indicate a potential upside of 2.21% from the stock’s previous close.
Separately, Numis Securities Ltd reissued a “hold” rating and issued a GBX 290 ($3.60) target price on shares of Clipper Logistics PLC in a research note on Wednesday, November 2nd.
Shares of Clipper Logistics PLC (LON:CLG) opened at 370.00 on Thursday. The stock’s market cap is GBX 370.02 million. Clipper Logistics PLC has a one year low of GBX 203.00 and a one year high of GBX 394.00. The company has a 50-day moving average price of GBX 330.92 and a 200 day moving average price of GBX 301.81.
About Clipper Logistics PLC
Clipper Logistics plc is engaged in providing value-added logistics solutions and e-fulfilment and returns management services to the retail sector. The Company operates through two segments: Value-added logistics services and Commercial vehicles. The Value-added logistics services segment provide three business activities, which include e-fulfilment and returns management services, non e-fulfilment logistics and central logistics overheads.
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