A statement released earlier today by N+1 Singer about Clipper Logistics (LON:CLG) maintains the target price at 370.00GBX
- Updated: October 12, 2016
N+1 Singer hold steady the target of Clipper Logistics (LON:CLG) at 370.00GBX stating a potential upside of 0.16%.
On Thursday August 04, 2016, Cantor Fitzgerald released a statement for Clipper Logistics (LON:CLG) maintained the target price at 265.00GBX that suggested a downside of -0.09%.
Boasting a price of 320.00GBX, Clipper Logistics (LON:CLG) traded -0.62% lower on the day. With the last stock price close up 10.30% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Clipper Logistics has recorded a 50-day average of 331.03GBX and a two hundred day average of 288.29GBX. Volume of trade was down over the average, with 2,405 shares of CLG changing hands under the typical 76,981
With a total market value of 0 GBX, Clipper Logistics has price-earnings ratio of 30.87 with a one year low of 203.00GBX and a one year high of 394.00GBX .
A total of 2 equity analysts have released a ratings update on CLG. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 277.50GBX.
Brief Synopsis About Clipper Logistics (LON:CLG)
Clipper Logistics plc is engaged in providing value-added logistics solutions and e-fulfilment and returns management services to the retail sector. The Company operates through two segments: Value-added logistics services and Commercial vehicles. The Value-added logistics services segment provide three business activities, which include e-fulfilment and returns management services, non e-fulfilment logistics and central logistics overheads. The Company's commercial vehicles segment includes sales, servicing and repairs. Its e-fulfilment and returns management services include the receipt, warehousing, stock management, picking, packing and dispatch of products on behalf of customers to support their online trading activities, as well as a range of ancillary support services including returns management, branded as Boomerang. It also undertakes retail support services, including processing, storage and distribution of products.
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