Clipper Logistics PLC 37.3% Potential Upside Indicated by Berenberg

Broker Ratings
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Clipper Logistics PLC using EPIC/TICKER code (LON:CLG) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Clipper Logistics PLC are listed in the Industrials sector within UK Main Market. Berenberg have set their target price at 320 GBX on its stock. This would imply the analyst believes there is now a potential upside of 37.3% from today’s opening price of 233 GBX. Over the last 30 and 90 trading days the company share price has decreased 13 points and decreased 52 points respectively. The 1 year high for the stock price is 469 GBX while the 52 week low for the share price is 210 GBX.

Clipper Logistics PLC has a 50 day moving average of 245.36 GBX and a 200 Day Moving Average share price is recorded at 324.28. There are currently 101,530,770 shares in issue with the average daily volume traded being 284,405. Market capitalisation for LON:CLG is £237,074,347 GBP.

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