Carillion plc (CLLN) Receives Sell Rating from Liberum Capital
A number of other research firms also recently weighed in on CLLN. Numis Securities Ltd reduced their target price on shares of Carillion plc from GBX 60 ($0.79) to GBX 45 ($0.59) and set a hold rating on the stock in a research report on Thursday, October 5th. Jefferies Group LLC reduced their target price on shares of Carillion plc from GBX 80 ($1.05) to GBX 45 ($0.59) and set a hold rating on the stock in a research report on Tuesday, October 3rd. J P Morgan Chase & Co reissued a neutral rating and set a GBX 64 ($0.84) price objective on shares of Carillion plc in a research report on Monday, October 2nd. Finally, Peel Hunt reissued a reduce rating and set a GBX 40 ($0.53) price objective on shares of Carillion plc in a research report on Friday, October 13th. Four research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 126 ($1.66).
Shares of Carillion plc (CLLN) opened at GBX 43.08 ($0.57) on Friday. Carillion plc has a 12 month low of GBX 40.15 ($0.53) and a 12 month high of GBX 265 ($3.49).
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Carillion plc 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.
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