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Cable and Wireless Communications Plc Stock Rating Reaffirmed by Barclays (CWC) [New Vision (Uganda)]
[October 22, 2014]

Cable and Wireless Communications Plc Stock Rating Reaffirmed by Barclays (CWC) [New Vision (Uganda)]


(New Vision (Uganda) Via Acquire Media NewsEdge) Barclays reissued their equal weight rating on shares of Cable and Wireless Communications Plc (LON:CWC) in a research report sent to investors on Thursday morning. The firm currently has a GBX 43 ($0.69) price target on the stock.



Barclays has also updated their ratings on a number of other stocks in the last week. The firm reiterated its overweight rating on shares of Diageo plc (ADR). Also, Barclays upgraded shares of CA, Inc. to an overweight rating. Finally, Barclays upgraded shares of CSR PLC (ADR) from an underweight rating to an equal weight rating.

CWC has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a hold rating on shares of Cable and Wireless Communications Plc in a research note on Tuesday, October 14th. They now have a GBX 61 ($0.98) price target on the stock. Separately, analysts at Deutsche Bank initiated coverage on shares of Cable and Wireless Communications Plc in a research note on Tuesday, October 14th. They set a buy rating and a GBX 60 ($0.97) price target on the stock. Finally, analysts at AlphaValue reiterated a buy rating on shares of Cable and Wireless Communications Plc in a research note on Thursday, September 25th. They now have a GBX 58.90 ($0.95) price target on the stock. Three analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company's stock. Cable and Wireless Communications Plc presently has a consensus rating of Hold and an average price target of GBX 55.43 ($0.89).


Cable and Wireless Communications Plc opened at 44.07 on Thursday. Cable and Wireless Communications Plc has a 1-year low of GBX 41.98 and a 1-year high of GBX 58.50. The stock has a 50-day moving average of GBX 47.15 and a 200-day moving average of GBX 49.. The company's market cap is £1.103 billion.

Cable & Wireless Communications Plc is an international telecommunications service provider. It operates integrated telecommunications companies offering mobile, broadband, television fixed line and enterprise services to residential and business customers.

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