Carclo plc (CAR) Rating Reiterated by Peel Hunt
Carclo plc (LON:CAR)‘s stock had its “buy” rating restated by equities researchers at Peel Hunt in a report released on Friday. They presently have a GBX 190 ($2.32) target price on the stock. Peel Hunt’s price objective points to a potential upside of 53.85% from the stock’s current price.
Separately, FinnCap reaffirmed a “buy” rating and issued a GBX 195 ($2.38) price objective on shares of Carclo plc in a research note on Monday, July 18th.
Shares of Carclo plc (LON:CAR) opened at 123.50 on Friday. The company has a 50-day moving average price of GBX 132.73 and a 200-day moving average price of GBX 144.39. The company’s market cap is GBX 81.77 million. Carclo plc has a 52-week low of GBX 105.00 and a 52-week high of GBX 169.00.
About Carclo plc
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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