Clipper Logistics PLC (LON:CLG) has coverage initiated with a Buy rating and GBX 320 price target

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Analyst Ratings For Clipper Logistics PLC (LON:CLG)

Today, Berenberg Bank initiated coverage on Clipper Logistics PLC (LON:CLG) with a Buy with a price target of GBX 320.

There are 2 Buy Ratings, no Strong Buy Ratings, no Sell Ratings, no Hold Ratings on the stock.

The current consensus rating on Clipper Logistics PLC (LON:CLG) is Buy with a consensus target price of GBX 410 per share, a potential .

Some recent analyst ratings include

  • 2/15/2019-Clipper Logistics PLC (LON:CLG) has coverage initiated with a Buy rating and GBX 320 price target

    About Clipper Logistics PLC (LON:CLG)
    Clipper Logistics plc, together with its subsidiaries, provides value-added logistics services to the retail sector in the United Kingdom, Germany, and rest of Europe. The company operates through two segments, Value-Added Logistics Services and Commercial Vehicles. It offers e-fulfilment, returns management, port deconsolidation logistics, retail consolidation, multichannel, warehousing, secure logistics, transportation, and contract packaging services. The company also provides added-value services, including secure warehousing, HMRC customs bond, quality control, pressing, RFID/security tag attachment, label printing, store recall, metal detection, container de-stuffing, new store building, pick and pack, secure destruction, and specialist storage services. In addition, it offers specialist fashion services, such as fine distribution, primary transport, shared user distribution, secondary store distribution, contract distribution, inter-branch transfer, return to vendor, new store openings/refurbishment, spot hire, fleet management, Pan-European network, and home delivery link services. Further, the company provides Ingenious, a supply chain management solution that develops, manages, and maintains a supply chain network. Additionally, it sells new and used commercial vehicles, as well as parts; and operates servicing and repair facilities. The company is also involved in online retail activities; and operates agency for leasing commitments. It operates in 46 sites and 9.2 million square feet of warehousing space. Clipper Logistics plc was founded in 1992 and is headquartered in Leeds, the United Kingdom.

    Recent Trading Activity for Clipper Logistics PLC (LON:CLG)
    Shares of Clipper Logistics PLC closed the previous trading session at 235.00 up +4.00 1.73% with 7310 shares trading hands.