Carillion (LON:CLLN) Rating Reaffirmed
The brokerage has just set a Estimated Target Price of GBX 397 on Carillion (LON:CLLN) shares. This is 27.78% from the last stock close. In a recent report revealed to investors on 30 November, Stifel reconfirmed their Buy rating on shares of CLLN.
From a total of 7 analysts covering Carillion PLC (LON:CLLN) stock, 3 rate it a ”Buy”, 1 a “Sell”, and 3 a ”Hold”. This means that 43% of the ratings are positive. The highest target price is GBX 440 while the lowest target price is GBX 230. The mean of all analyst targets is GBX 340.33 with a 8.32% above today’s (GBX 314.2) stock price. Carillion PLC was the topic of 20 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Beaufort Securities maintained shares on November 13 with “Buy” rating. Numis Securities maintained shares with “Hold” rating and GBX 355 target share price in a report from an October 7. Liberum Capital maintained CLLN stock in a recent report from October 12 with “Buy” rating. Morgan Stanley maintained the rating on August 26. Morgan Stanley has a “Equalwt/In-Line” rating and a GBX 370 price target on shares. Finally, UBS maintained the stock with “Sell” rating in a report issued on an October 8.
Approximately 174,039 shares of stock traded hands. Carillion plc (LON:CLLN) has declined 3.45% since May 1, 2015 and is downtrending. It has underperformed by 2.56% the S&P500.
Carillion plc is an integrated support services company. The company has a market cap of 1.35 billion GBP. The Firm has a portfolio of Public Private Partnership projects and construction capabilities. It has 12.52 P/E ratio. The Firm operates in four business divisions: Support services, Public Private Partnership projects, Middle East construction services and Construction services.