Carillion Given “Buy” Rating at Oriel Securities Ltd (CLLN)
Carillion (LON: CLLN)‘s stock had its “buy” rating reiterated by investment analysts at Oriel Securities Ltd in a note issued to investors on Wednesday. They currently have a $5.49 (362 GBX) target price on the stock.
Shares of Carillion traded down 1.48% during mid-day trading on Wednesday, hitting GBX 312.70. Carillion has a 52 week low of GBX 232.17 and a 52 week high of GBX 344.558. The stock’s 50-day moving average is currently GBX 280.3. The company’s market cap is £1.345 billion.
Several other analysts have also recently commented on the stock. Analysts at Investec reiterated a “buy” rating on shares of Carillion in a research note to investors on Wednesday. They now have a $5.31 price target on the stock. Separately, analysts at Canaccord Genuity downgraded shares of Carillion to a “hold” rating in a research note to investors on Wednesday. They now have a $5.31 price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Carillion in a research note to investors on Monday. They now have a $6.04 price target on the stock.
Carillion plc is an integrated support services company, with a portfolio of public private partnership projects and construction capabilities.
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