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Clipper Logistics (LON:CLG) target price held steady at 265.00GBX, reported today by Cantor Fitzgerald

Stating a possible downside of -0.09%, Cantor Fitzgerald held the estimated target of Clipper Logistics (LON:CLG) at 265GBX.

On Tuesday August 2 2016, numis reported about Clipper Logistics(LON:CLG) bumped the target price from 0.00GBX to 290.00GBX that indicated a possible upside of 0.02%.

Yesterday Clipper Logistics (LON:CLG) traded 3.24% higher at 290.00GBX. CLG’s 50-day moving average is 303.86GBX and its 200-day moving average is 278.80GBX. The last stock price is up 30.10% relative to the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. 65,654 shares of Clipper Logistics traded, down from ann avg. volume of 86,572.

See Chart Below:

Clipper Logistics (LON:CLG)

With a market capitalization of 0.0 GBX, Clipper Logistics has a price-earnings of 35 with a one-year low of 203.00GBX and a one-year high of 375.86GBX.

A total of 2 analysts have reported on the company. One firm rate the stock a strong buy, 0 rate the stock a buy, one analyst rate the company a hold, 0 rate the stock to underperform, and finally 0 analystsrate the company as sell with a consensus target stock price of 277.50GBX

More 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, and storage and distribution of products.

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