Shares of Cape PLC (LON:CIU) have been given an average rating of “Buy” by the six analysts that are covering the company. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 257.40 ($3.19).
A number of research firms recently commented on CIU. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 270 ($3.34) price objective on shares of Cape PLC in a report on Friday, September 2nd. Macquarie reiterated a “neutral” rating and issued a GBX 180 ($2.23) price objective on shares of Cape PLC in a report on Tuesday, August 30th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Cape PLC in a report on Wednesday, August 24th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a GBX 350 ($4.33) price objective on shares of Cape PLC in a report on Wednesday, August 31st.
Cape PLC (LON:CIU) opened at 214.50 on Tuesday. The stock has a 50 day moving average price of GBX 208.43 and a 200-day moving average price of GBX 207.67. The stock’s market capitalization is GBX 259.59 million. Cape PLC has a one year low of GBX 176.25 and a one year high of GBX 262.50.
The company also recently declared a dividend, which was paid on Friday, October 7th. Shareholders of record on Thursday, September 8th were paid a dividend of GBX 4.50 ($0.06) per share. This represents a yield of 2.41%. The ex-dividend date was Thursday, September 8th.
About Cape PLC
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.
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