Peel Hunt Reaffirms “Under Review” Rating for Carillion (CLLN)

Peel Hunt restated their under review rating on shares of Carillion (LON:CLLN) in a research note released on Wednesday.

Several other research firms have also recently issued reports on CLLN. JPMorgan Chase & Co. reissued a neutral rating and set a GBX 64 ($0.86) price target on shares of Carillion in a report on Monday, October 2nd. Liberum Capital reissued an under review rating on shares of Carillion in a report on Tuesday, October 3rd. Jefferies Group cut their price target on shares of Carillion from GBX 80 ($1.07) to GBX 45 ($0.60) and set a hold rating for the company in a report on Tuesday, October 3rd. Finally, Numis Securities dropped their target price on shares of Carillion from GBX 60 ($0.80) to GBX 45 ($0.60) and set a hold rating for the company in a report on Thursday, October 5th. Three investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. The company has a consensus rating of Hold and an average price target of GBX 126 ($1.68).

Carillion (CLLN) opened at GBX 18.89 ($0.25) on Wednesday. The stock has a market cap of $81.28 and a PE ratio of -7.59. Carillion has a 1-year low of GBX 14.75 ($0.20) and a 1-year high of GBX 239.80 ($3.21).

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Carillion Company Profile

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 (LON:CLLN)

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