Several other analysts also recently commented on the company. Liberum Capital restated an under review rating on shares of Carillion plc in a research note on Tuesday. Numis Securities Ltd reduced their target price on Carillion plc from GBX 60 ($0.79) to GBX 45 ($0.59) and set a hold rating for the company in a research note on Thursday, October 5th. Jefferies Group LLC reduced their target price on Carillion plc from GBX 80 ($1.06) to GBX 45 ($0.59) and set a hold rating for the company in a research note on Tuesday, October 3rd. J P Morgan Chase & Co reiterated a neutral rating and set a GBX 64 ($0.84) price target on shares of Carillion plc in a research note on Monday, October 2nd. Finally, Royal Bank Of Canada cut their price target on Carillion plc from GBX 230 ($3.04) to GBX 100 ($1.32) and set a sector performer rating for the company in a research note on Wednesday, July 12th. Three equities research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Carillion plc has an average rating of Hold and a consensus target price of GBX 126 ($1.66).
Carillion plc (CLLN) traded up GBX 1.50 ($0.02) during mid-day trading on Tuesday, hitting GBX 46 ($0.61). The company had a trading volume of 5,416,827 shares.
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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.
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