Numis Securities Ltd Cuts Carillion plc (CLLN) Price Target to GBX 45

Carillion plc (LON:CLLN) had its price objective reduced by Numis Securities Ltd from GBX 60 ($0.80) to GBX 45 ($0.60) in a research note published on Thursday morning. Numis Securities Ltd currently has a hold rating on the stock.

Several other brokerages also recently weighed in on CLLN. Peel Hunt reaffirmed a reduce rating and issued a GBX 200 ($2.65) target price on shares of Carillion plc in a research report on Monday, July 10th. Royal Bank Of Canada decreased their target price on Carillion plc from GBX 230 ($3.05) to GBX 100 ($1.33) and set a sector performer rating for the company in a research report on Wednesday, July 12th. Jefferies Group LLC decreased their target price on Carillion plc from GBX 80 ($1.06) to GBX 45 ($0.60) and set a hold rating for the company in a research report on Tuesday, October 3rd. J P Morgan Chase & Co reaffirmed a neutral rating and issued a GBX 64 ($0.85) target price on shares of Carillion plc in a research report on Monday, October 2nd. Finally, Liberum Capital reissued an under review rating on shares of Carillion plc in a report on Tuesday, October 3rd. Three equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. The stock currently has an average rating of Hold and an average target price of GBX 126 ($1.67).

Carillion plc (LON CLLN) opened at 45.50 on Thursday. The stock’s market cap is GBX 195.74 million. Carillion plc has a 52 week low of GBX 40.15 and a 52 week high of GBX 265.00. The stock has a 50 day moving average price of GBX 46.85 and a 200 day moving average price of GBX 138.06.

COPYRIGHT VIOLATION WARNING: “Numis Securities Ltd Cuts Carillion plc (CLLN) Price Target to GBX 45” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/09/numis-securi

Several other brokerages also recently weighed in on CLLN. Peel Hunt reaffirmed a reduce rating and issued a GBX 200 ($2.65) target price on shares of Carillion plc in a research report on Monday, July 10th. Royal Bank Of Canada decreased their target price on Carillion plc from GBX 230 ($3.05) to GBX 100 ($1.33) and set a sector performer rating for the company in a research report on Wednesday, July 12th. Jefferies Group LLC decreased their target price on Carillion plc from GBX 80 ($1.06) to GBX 45 ($0.60) and set a hold rating for the company in a research report on Tuesday, October 3rd. J P Morgan Chase & Co reaffirmed a neutral rating and issued a GBX 64 ($0.85) target price on shares of Carillion plc in a research report on Monday, October 2nd. Finally, Liberum Capital reissued an under review rating on shares of Carillion plc in a report on Tuesday, October 3rd. Three equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. The stock currently has an average rating of Hold and an average target price of GBX 126 ($1.67).

Carillion plc (LON CLLN) opened at 45.50 on Thursday. The stock’s market cap is GBX 195.74 million. Carillion plc has a 52 week low of GBX 40.15 and a 52 week high of GBX 265.00. The stock has a 50 day moving average price of GBX 46.85 and a 200 day moving average price of GBX 138.06.

COPYRIGHT VIOLATION WARNING: “Numis Securities Ltd Cuts Carillion plc (CLLN) Price Target to GBX 45” was first reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/09/numis-securities-ltd-cuts-carillion-plc-clln-price-target-to-gbx-45.html.

About Carillion plc

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.

Analyst Recommendations for Carillion plc (LON:CLLN)

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