Carclo plc (CAR) Stock Rating Reaffirmed by Peel Hunt
Carclo plc (LON:CAR)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a report issued on Tuesday. They presently have a GBX 200 ($2.64) target price on the stock. Peel Hunt’s price target indicates a potential upside of 48.15% from the company’s current price.
Separately, FinnCap downgraded shares of Carclo plc to a “hold” rating and set a GBX 165 ($2.18) target price on the stock. in a research report on Thursday, September 7th.
Carclo plc (CAR) opened at 135.00 on Tuesday. The company’s market cap is GBX 98.56 million. The company’s 50-day moving average is GBX 138.64 and its 200-day moving average is GBX 152.35. Carclo plc has a 12 month low of GBX 106.75 and a 12 month high of GBX 180.00.
In related news, insider Chris Malley bought 14,144 shares of the company’s stock in a transaction on Friday, September 8th. The shares were bought at an average price of GBX 141 ($1.86) per share, with a total value of £19,943.04 ($26,317.02).
Carclo plc Company Profile
Carclo plc is engaged in the supply of fine tolerance, injection molded plastic components, mainly for medical products. The Company is also engaged in the design and supply of specialized injection molded light-emitting diode (LED)-based lighting systems to the automotive industry. The Company operates through four segments: Technical Plastics, LED Technologies, Aerospace and CIT Technology.
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