Churchill Given New $8.00 Price Target at Scotiabank (CUQ)
Shares of Churchill (TSE: CUQ) opened at 7.33 on Tuesday. Churchill has a 52 week low of $7.00 and a 52 week high of $16.03. The stock’s 50-day moving average is currently $8.02. The company’s market cap is $179.4 million.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, April 16th. Investors of record on Thursday, March 28th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 6.58%.
A number of other firms have also recently commented on CUQ. Analysts at GMP Securities upgraded shares of Churchill from a reduce rating to a hold rating in a research note to investors on Tuesday. Separately, analysts at CIBC reiterated a sector perform rating on shares of Churchill in a research note to investors on Monday. They now have a $8.50 price target on the stock. Finally, analysts at CIBC raised their price target on shares of Churchill from $8.00 to $8.50 in a research note to investors on Thursday, February 7th. They now have a sector perform rating on the stock.
Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of $8.41.
The Churchill Corporation provides building construction, commercial electrical contracting, industrial insulation contracting, industrial electrical and instrumentation contracting, civil construction and related services within Canada.
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