Zacks Investment Research upgraded shares of Carillion (OTCMKTS:CIOIF) from a sell rating to a hold rating in a research note issued to investors on Monday, December 4th.
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 (OTCMKTS CIOIF) remained flat at $$0.27 during trading on Monday. Carillion has a 12-month low of $0.27 and a 12-month high of $2.70.
Carillion Company Profile
Carillion plc operates as an integrated support services company in the United Kingdom, the Middle East and North Africa, Canada, and the rest of the world. The company operates through four segments: Support Services, Public Private Partnership (PPP) Projects, Middle East Construction Services, and Construction Services (Excluding the Middle East).
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