FinnCap Reaffirms Corporate Rating for Castleton Technology (CTP)

Castleton Technology (LON:CTP)‘s stock had its “corporate” rating reissued by stock analysts at FinnCap in a research note issued to investors on Monday, December 4th. They presently have a GBX 90 ($1.21) price objective on the stock. FinnCap’s target price would indicate a potential upside of 36.36% from the company’s current price.

Separately, reiterated a “corporate” rating and issued a GBX 90 ($1.21) price target on shares of Castleton Technology in a research note on Tuesday, November 7th.

Shares of Castleton Technology (LON:CTP) traded down GBX 0.50 ($0.01) during midday trading on Monday, reaching GBX 66 ($0.89). The company had a trading volume of 9,000 shares, compared to its average volume of 80,330. Castleton Technology has a 52-week low of GBX 53 ($0.71) and a 52-week high of GBX 72 ($0.97).

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About Castleton Technology

Castleton Technology plc, formerly Redstone PLC, is an investment holding company. The Company is engaged in providing software and managed services to the public and not-for-profit sectors, mainly the social housing sector. Its segments include Managed Services, which consists of Castleton Managed Services Limited and Keylogic Limited, and Software Solutions, which consists of the results of Castleton Software Solutions Limited, Kypera Limited and Kypera Pty.

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