MARKET TALK: Carillion Contract Win Good News - Seymour

14th Jun 2010 08:03

0703 GMT [Dow Jones] News that Carillion (CLLN.LN) has won a support services contract from BAA worth GBP50M is clearly good, but not a surprise, says Seymour Pierce. It notes the company already provides facilities management services at Heathrow and Carillion had previously announced there could be potential extensions of its current contracts. Reiterates buy recommendation and 380p target. Shares +1.7% at 334p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires June 14, 2010 03:03 ET (07:03 GMT)

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