Carillion plc (LON:CLLN)‘s stock had its “under review” rating restated by stock analysts at Liberum Capital in a research note issued to investors on Tuesday.
Other research analysts have also issued research reports about the stock. Morgan Stanley reiterated an “equal weight” rating and issued a GBX 260 ($3.40) price objective on shares of Carillion plc in a report on Tuesday, July 11th. Stifel Nicolaus lowered shares of Carillion plc to a “hold” rating and dropped their price objective for the company from GBX 290 ($3.79) to GBX 114 ($1.49) in a report on Tuesday, July 11th. Jefferies Group LLC lowered shares of Carillion plc to a “hold” rating and dropped their price objective for the company from GBX 360 ($4.70) to GBX 230 ($3.00) in a report on Tuesday, March 28th. Beaufort Securities lowered shares of Carillion plc to a “hold” rating in a report on Tuesday, July 11th. Finally, J P Morgan Chase & Co lowered shares of Carillion plc to a “neutral” rating and dropped their price objective for the company from GBX 292 ($3.81) to GBX 64 ($0.84) in a report on Thursday, July 13th. Three investment analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 168.60 ($2.20).
Shares of Carillion plc (CLLN) opened at 66.90 on Tuesday. Carillion plc has a 1-year low of GBX 49.51 and a 1-year high of GBX 301.40. The company’s 50 day moving average is GBX 199.30 and its 200-day moving average is GBX 218.02. The company’s market capitalization is GBX 287.80 million.
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In related news, insider Richard Howson acquired 8,719 shares of the stock in a transaction dated Friday, June 9th. The stock was bought at an average price of GBX 197 ($2.57) per share, for a total transaction of £17,176.43 ($22,429.39).
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.
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