Cape PLC (LON:CIU) is set to issue its quarterly earnings data before the market opens on Tuesday, August 22nd.

Shares of Cape PLC (LON:CIU) opened at 261.75 on Tuesday. Cape PLC has a 1-year low of GBX 139.00 and a 1-year high of GBX 268.00. The stock’s 50 day moving average is GBX 242.75 and its 200 day moving average is GBX 220.71. The firm’s market capitalization is GBX 316.78 million.

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CIU has been the subject of several research analyst reports. Numis Securities Ltd restated a “buy” rating and issued a GBX 300 ($3.89) target price on shares of Cape PLC in a report on Monday, June 5th. Canaccord Genuity upped their target price on shares of Cape PLC from GBX 250 ($3.25) to GBX 275 ($3.57) and gave the company a “buy” rating in a report on Wednesday, May 10th. Macquarie cut shares of Cape PLC to a “neutral” rating and lowered their target price for the company from GBX 240 ($3.12) to GBX 235 ($3.05) in a report on Tuesday, June 6th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 290 ($3.76) target price on shares of Cape PLC in a report on Wednesday, July 5th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 275 ($3.57).

Cape PLC Company Profile

Cape plc (Cape) is a holding company. The Company is engaged in the provision of critical industrial services principally to the energy and natural resources sectors. Cape provides a multi-disciplinary service offering, including the traditional services of access, insulation, coatings and mechanical, and a range of specialist services, including refractory linings, oil and gas storage tanks, heat exchanger replacement and refurbishment, and environmental services.

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