Investec Increases Carr's Group PLC (CARR) Price Target to GBX 164
Carr's Group PLC (LON:CARR) had its target price increased by Investec from GBX 157 ($1.94) to GBX 164 ($2.03) in a report released on Monday. The firm presently has a “buy” rating on the stock. Investec’s target price suggests a potential upside of 19.27% from the stock’s current price.
A number of other equities analysts have also recently commented on the company. Shore Capital reaffirmed a “hold” rating on shares of Carr's Group PLC in a research note on Tuesday, July 19th. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 163 ($2.02) price target on shares of Carr's Group PLC in a research note on Wednesday, July 20th.
Carr's Group PLC (LON:CARR) opened at 144.00 on Monday. Carr's Group PLC has a one year low of GBX 129.75 and a one year high of GBX 175.00. The company has a 50 day moving average price of GBX 143.07 and a 200-day moving average price of GBX 144.41. The company’s market capitalization is GBX 129.38 million.
In other news, insider Davies,Tim sold 89,896 shares of the business’s stock in a transaction that occurred on Wednesday, September 14th. The stock was sold at an average price of GBX 156 ($1.93), for a total transaction of £140,237.76 ($173,712.08). Also, insider Wood ,Ian bought 9,000 shares of Carr's Group PLC stock in a transaction dated Monday, September 12th. The shares were acquired at an average cost of GBX 157 ($1.94) per share, for a total transaction of £14,130 ($17,502.79).
Carr's Group PLC Company Profile
Carr’s Group plc, formerly Carr’s Milling Industries PLC, is a United Kingdom-based company, which is engaged in the provision of industrial services. The Company’s divisions include Agriculture, Food and Engineering. The Company offers a range of services, including the manufacturing and supply of flour, robotic and remote handling equipment, farm machinery, feed blocks for livestock, and the United Kingdom network of rural stores, with facilities located in the United Kingdom, Europe and North America.
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