Carillion plc (LON:CLLN) had its price target cut by Peel Hunt from GBX 50 ($0.66) to GBX 40 ($0.53) in a research note published on Thursday. They currently have a reduce rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Morgan Stanley reiterated an equal weight rating and set a GBX 260 ($3.45) price target on shares of Carillion plc in a research report on Tuesday, July 11th. Liberum Capital dropped their price target on shares of Carillion plc from GBX 200 ($2.65) to GBX 180 ($2.39) and set a hold rating for the company in a research report on Monday, June 26th. Beaufort Securities cut shares of Carillion plc to a hold rating in a research report on Tuesday, July 11th. Stifel Nicolaus cut shares of Carillion plc to a hold rating and dropped their price objective for the company from GBX 290 ($3.85) to GBX 114 ($1.51) in a report on Tuesday, July 11th. Finally, Jefferies Group LLC dropped their price objective on shares of Carillion plc from GBX 80 ($1.06) to GBX 45 ($0.60) and set a hold rating for the company in a report on Tuesday. Three analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. The company currently has an average rating of Hold and an average price target of GBX 126 ($1.67).

Carillion plc (CLLN) traded down 2.20% during midday trading on Thursday, reaching GBX 44.50. 1,658,361 shares of the company’s stock traded hands. The firm’s 50-day moving average is GBX 46.85 and its 200-day moving average is GBX 138.06. Carillion plc has a 1-year low of GBX 40.15 and a 1-year high of GBX 265.00. The company’s market capitalization is GBX 191.44 million.

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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.

Analyst Recommendations for Carillion plc (LON:CLLN)

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