Cambian Group PLC (CMBN) Price Target Raised to GBX 232 at Liberum Capital
Cambian Group PLC (LON:CMBN) had its price target lifted by stock analysts at Liberum Capital from GBX 224 ($2.98) to GBX 232 ($3.08) in a research note issued to investors on Friday. The firm presently has a “buy” rating on the health services provider’s stock. Liberum Capital’s target price would indicate a potential upside of 18.37% from the company’s previous close.
Several other brokerages have also recently weighed in on CMBN. Numis Securities Ltd cut shares of Cambian Group PLC to a “hold” rating and set a GBX 200 ($2.66) price objective on the stock. in a research note on Wednesday, September 20th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 139 ($1.85) price objective on shares of Cambian Group PLC in a research note on Thursday, September 21st.
Shares of Cambian Group PLC (LON CMBN) opened at 196.25 on Friday. The firm’s market capitalization is GBX 358.10 million. Cambian Group PLC has a 52 week low of GBX 113.04 and a 52 week high of GBX 237.00. The stock has a 50 day moving average price of GBX 207.77 and a 200-day moving average price of GBX 184.88.
In related news, insider Mike Butterworth bought 5,750 shares of Cambian Group PLC stock in a transaction dated Monday, September 25th. The shares were bought at an average cost of GBX 201 ($2.67) per share, for a total transaction of £11,557.50 ($15,356.76).
About Cambian Group PLC
Cambian Group plc is a provider of specialist behavioral health services for children in the United Kingdom. The Company’s children services include specialist education services, specialist residential care services, foster care services and specialist mental health services. Its schools provide support to children with Autism, Asperger’s Syndrome, severe learning disabilities, challenging behavior and complex needs.
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