Cable & Wireless Communications Given Underperform Rating at BNP Paribas (CWC)

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BNP Paribas reissued their underperform rating on shares of Cable & Wireless Communications (LON: CWC) in a research report released on Thursday morning, Stock Ratings Network.com reports.

A number of other analysts have also recently weighed in on CWC. Analysts at Jefferies Group reiterated a hold rating on shares of Cable & Wireless Communications in a research note to investors on Wednesday, May 22nd. They now have a GBX 42 ($0.64) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Cable & Wireless Communications from GBX 53 ($0.80) to GBX 57 ($0.86) in a research note to investors on Wednesday, May 22nd. They now have a buy rating on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a buy rating on shares of Cable & Wireless Communications in a research note to investors on Wednesday, May 22nd. They now have a GBX 50 ($0.76) price target on the stock.

Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of GBX 44.91 ($0.68).

Shares of Cable & Wireless Communications (LON: CWC) traded up 3.02% during mid-day trading on Thursday, hitting GBX 44.00. Cable & Wireless Communications has a 52 week low of GBX 27.07 and a 52 week high of GBX 45.11. The stock’s 50-day moving average is currently GBX 35.68. The company’s market cap is £1.098 billion.

Cable & Wireless Communications Plc is an international telecommunications service provider. It operates integrated telecommunications companies offering mobile, broadband, television (LON: CWC) and fixed line and enterprise services to residential and business customers.

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