Cape PLC (CIU) to Release Earnings on Tuesday
Cape PLC (LON:CIU) is set to post its quarterly earnings results before the market opens on Tuesday, August 22nd.
Cape PLC (CIU) opened at 260.00 on Monday. The firm’s market capitalization is GBX 314.66 million. The company has a 50 day moving average price of GBX 248.80 and a 200-day moving average price of GBX 222.38. Cape PLC has a one year low of GBX 139.00 and a one year high of GBX 268.00.
Several analysts recently commented on the company. Canaccord Genuity raised their price objective on Cape PLC from GBX 250 ($3.25) to GBX 275 ($3.57) and gave the stock a “buy” rating in a research note on Wednesday, May 10th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 340 ($4.41) target price on shares of Cape PLC in a report on Thursday, May 18th. Macquarie cut Cape PLC to a “neutral” rating and decreased their price objective for the company from GBX 240 ($3.12) to GBX 235 ($3.05) in a report on Tuesday, June 6th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 290 ($3.76) price objective on shares of Cape PLC in a report on Wednesday, July 5th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of GBX 275 ($3.57).
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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