Peel Hunt Reiterates “Buy” Rating for Carclo plc (CAR)
Carclo plc (LON:CAR)‘s stock had its “buy” rating reissued by Peel Hunt in a report issued on Tuesday. They currently have a GBX 190 ($2.37) target price on the stock. Peel Hunt’s price objective would indicate a potential upside of 56.38% from the stock’s current price.
Several other research analysts have also issued reports on the company. FinnCap reissued a “buy” rating and issued a GBX 195 ($2.44) target price on shares of Carclo plc in a research report on Monday, July 18th. N+1 Singer reissued a “buy” rating and issued a GBX 161 ($2.01) target price on shares of Carclo plc in a research report on Friday, October 14th.
Shares of Carclo plc (LON:CAR) opened at 120.20 on Tuesday. The firm has a 50 day moving average price of GBX 124.15 and a 200 day moving average price of GBX 140.77. Carclo plc has a 52 week low of GBX 106.75 and a 52 week high of GBX 169.00. The company’s market capitalization is GBX 79.59 million.
About Carclo plc
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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