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Cape PLC (LON:CIU) target price held steady at 350.00GBX, reported today by Canaccord Genuity

Cape PLC (LON:CIU) had its price target hold steady to 350GBX by Canaccord Genuity in a report issued 9/20/2016. The updated target price indicates a possible upside of 0.75% based on the company’s last closing price.

Previously on 9/02/2016, Numis reported on Cape PLC(LON:CIU) upped the target price at 270.00GBX. At the time, this suggested an upside of 0.29%.

Yesterday Cape PLC (LON:CIU) traded 0.00% even at 199.75GBX. The company’s 50-day average is 195.19GBX and its two hundred day average is 209.91GBX. The last close is down 4.72% from the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the same time. 89,421 shares of CIU exchanged hands, down from ann average trading volume of 394,323.

See Graph Below:


Cape PLC has a PE of 77 with a one-year low of 176.25GBX and a 52 week high of 262.50GBX and has a market cap of 0.0 GBX.

In addition to Canaccord Genuity reporting it’s target price, a total of 7 equity analysts have reported on CIU. The one year target price is 257.38GBX with two analysts rating the company a strong buy, two firms rating the stock a buy, two firms rating the stock a hold, one brokerage rating the stock to underperform, and lastly 0 brokeragesrating the company as sell.

About Cape PLC (LON:CIU)

Cape plc (Cape) is a holding company. The Company is engaged in the provision of critical industrial services principally to the energy and natural resources sectors. Cape provides a multi-disciplinary service offering, including the traditional services of access, insulation, coatings and mechanical, and a range of specialist services, including refractory linings, oil and gas storage tanks, heat exchanger replacement and refurbishment, and environmental services. The Company’s segments include the United Kingdom, Europe and Commonwealth of Independent States (CIS); Middle East and North Africa (MENA), and Asia Pacific. Its access services include tensioned netting, mobile elevated work platforms, rope access and powered access. It serves various sectors, including oil and gas onshore, oil and gas offshore, power generation, minerals and mining, chemical, steel, marine, pharmaceutical, and food industries and other sectors.

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