FinnCap Lowers Carclo plc (CAR) Price Target to GBX 138
Carclo plc (LON:CAR) had its price target lowered by analysts at FinnCap from GBX 150 ($1.86) to GBX 138 ($1.71) in a note issued to investors on Friday. The firm currently has a “hold” rating on the stock. FinnCap’s target price suggests a potential upside of 7.60% from the company’s previous close.
Other equities research analysts also recently issued research reports about the company. Peel Hunt reissued a “buy” rating and set a GBX 190 ($2.35) target price on shares of Carclo plc in a report on Friday. N+1 Singer reissued a “buy” rating and set a GBX 161 ($1.99) target price on shares of Carclo plc in a report on Friday.
Carclo plc (LON:CAR) opened at 127.80 on Friday. The company’s 50-day moving average is GBX 134.80 and its 200 day moving average is GBX 144.33. Carclo plc has a 12 month low of GBX 105.00 and a 12 month high of GBX 169.00. The firm’s market cap is GBX 84.62 million.
Carclo plc Company Profile
Carclo plc (Carclo) is a supplier of technical plastics products. The Company manufactures parts for the medical, industrial, aerospace, and luxury and supercar lighting markets. The Company operates through four segments: Technical Plastics, LED Technologies, Precision Engineering and CIT Technology.
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