Could Cambian Group PLC Change Direction After Today’s Huge Decline?

 Could Cambian Group PLC Change Direction After Today's Huge Decline?

The stock of Cambian Group PLC (LON:CMBN) is a huge mover today! The stock decreased 2.30% or GBX 3 on November 29, hitting GBX 127.5. About 112,817 shares traded hands. Cambian Group PLC (LON:CMBN) has risen 113.93% since April 29, 2016 and is uptrending. It has outperformed by 108.67% the S&P500.
The move comes after 9 months negative chart setup for the GBX 234.85M company. It was reported on Nov, 29 by Barchart.com. We have GBX 123.68 PT which if reached, will make LON:CMBN worth GBX 7.05 million less.

Cambian Group PLC (LON:CMBN) Ratings Coverage

Out of 6 analysts covering Cambian Group Plc (LON:CMBN), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. Cambian Group Plc has been the topic of 38 analyst reports since July 29, 2015 according to StockzIntelligence Inc. On Wednesday, September 14 the stock rating was maintained by Canaccord Genuity with “Speculative Buy”. Numis Securities maintained Cambian Group PLC (LON:CMBN) on Thursday, October 22 with “Buy” rating. On Friday, February 12 the stock rating was downgraded by Berenberg to “Hold”. As per Friday, March 11, the company rating was downgraded by Canaccord Genuity. The stock has “Hold” rating given by Investec on Friday, March 11. The firm has “Neutral” rating by JP Morgan given on Friday, July 15. JP Morgan maintained it with “Neutral” rating and GBX 109 target price in Friday, April 8 report. The stock of Cambian Group PLC (LON:CMBN) has “Speculative Buy” rating given on Tuesday, May 24 by Canaccord Genuity. The stock has “Buy” rating given by Canaccord Genuity on Thursday, January 14. Canaccord Genuity maintained Cambian Group PLC (LON:CMBN) on Thursday, October 22 with “Buy” rating.

More important recent Cambian Group PLC (LON:CMBN) news were published by: Fool.Co.Uk which released: “Are Monitise Plc, Tui AG And Cambian Group PLC Too Risky To Buy Today?” on February 09, 2016, also Fool.Co.Uk published article titled: “Are DS Smith plc, Cambian Group plc and London Stock Exchange Group plc 3 …”, Seekingalpha.com published: “Cambian: Another Market Overreaction Creates Additional Upside” on February 16, 2016. More interesting news about Cambian Group PLC (LON:CMBN) was released by: Fool.Co.Uk and their article: “Should You Buy Friday Newsmakers Petrofac Limited, Marshalls plc & Cambian …” with publication date: March 11, 2016.

Cambian Group plc is a provider of specialist behavioral health services for children and adults in the United Kingdom. The company has a market cap of 234.85 million GBP. The Company’s divisions include Adult Services and Children’s Services. It currently has negative earnings. The Company’s Adult Services segment provides various services, which include specialist mental health services, specialist learning disability services, specialist residential care services and acquired brain injury services in hospital or community based environment.

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