FinnCap Increases Castleton Technology (LON:CTP) Price Target to GBX 140

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Castleton Technology (LON:CTP) had its price target boosted by stock analysts at FinnCap from GBX 125 ($1.63) to GBX 140 ($1.83) in a report released on Tuesday, ThisIsMoney.Co.Uk reports. The firm currently has a “corporate” rating on the stock. FinnCap’s price target would suggest a potential upside of 35.27% from the stock’s current price.

Shares of CTP stock opened at GBX 103.50 ($1.35) on Tuesday. Castleton Technology has a 52-week low of GBX 82.08 ($1.07) and a 52-week high of GBX 112.70 ($1.47). The company has a quick ratio of 0.47, a current ratio of 0.54 and a debt-to-equity ratio of 22.63. The stock has a market capitalization of $84.46 million and a price-to-earnings ratio of 21.12.

About Castleton Technology

Castleton Technology plc, an investment holding company, provides software and managed services to the public and not-for-profit sectors in the United Kingdom and Australia. It operates through Managed Services and Software Solutions segments. The Managed Services segment offers information technology (IT) infrastructure and support for businesses.

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