Carillion (CIOIF) Downgraded by Zacks Investment Research to “Sell”

Carillion (NASDAQ:CIOIF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Monday.

According to Zacks, “Carillion plc provides an integrated support services company. The company’s service consists of support services, project finance and construction services. Support services provides maintenance, facilities management, energy and infrastructure services for roads, railways and utility networks, notably telecommunications and power transmission and distribution, and remote site accommodation services. Project finance arranges the funding for Public Private Partnership projects. It operates primarily in the United Kingdom, the Middle East and North Africa, Canada and the rest of the world. Carillion plc is headquartered in Wolverhampton, the United Kingdom. “

Carillion (NASDAQ:CIOIF) remained flat at $3.83 during mid-day trading on Monday. Carillion has a 52-week low of $3.17 and a 52-week high of $4.72. The firm’s 50-day moving average price is $3.83 and its 200 day moving average price is $3.83.

Your IP Address:

5 Day Chart for NASDAQ:CIOIF

Get a free copy of the Zacks research report on Carillion (CIOIF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/carillion-cioif-downgraded-by-zacks-investment-research-to-sell/1709308.html

Receive News & Ratings for Carillion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carillion and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *