Carillion (LON:CLLN) Rating Reaffirmed
JP Morgan Cazenove reconfirmed their Overweight rating on Carillion (LON:CLLN) shards via an analyst research report shared with investors and clients on 10 December.
From a total of 9 analysts covering Carillion PLC (LON:CLLN) stock, 5 rate it a ”Buy”, 1 a “Sell”, and 2 a ”Hold”. This means that 63% of the ratings are positive. The highest target price is GBX 422 while the lowest target price is GBX 230. The mean of all analyst targets is GBX 356.22 with a 16.62% above today’s (GBX 304.3) stock price. Carillion PLC was the topic of 26 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Beaufort Securities maintained shares on December 10 with “Buy” rating. Stifel Nicolaus maintained shares with “Buy” rating and GBX 397 target share price in a report from a November 30. Peel Hunt maintained CLLN stock in a recent report from December 9 with “Buy” rating. JP Morgan upgraded the rating on October 23. JP Morgan has a “Overweight” rating and a GBX 347 price target on shares. Finally, Liberum Capital maintained the stock with “Buy” rating in a report issued on a December 9.
Approximately 362,136 shares of stock traded hands. Carillion plc (LON:CLLN) has declined 11.15% since May 13, 2015 and is downtrending. It has underperformed by 9.22% the S&P500.
Carillion plc is an integrated support services company. The company has a market cap of 1.26 billion GBP. The Firm has a portfolio of Public Private Partnership projects and construction capabilities. It has 12.13 P/E ratio. The Firm operates in four business divisions: Support services, Public Private Partnership projects, Middle East construction services and Construction services.