Carr's Group PLC (CARR) Rating Reiterated by Numis Securities Ltd
Carr's Group PLC (LON:CARR)‘s stock had its “hold” rating reissued by analysts at Numis Securities Ltd in a report issued on Wednesday. They presently have a GBX 149 ($1.86) price objective on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 1.36% from the stock’s current price.
A number of other research analysts have also recently weighed in on CARR. Shore Capital reaffirmed a “hold” rating on shares of Carr's Group PLC in a research report on Monday, September 5th. Investec lifted their price objective on Carr's Group PLC from GBX 157 ($1.96) to GBX 164 ($2.05) and gave the company a “buy” rating in a research report on Monday.
Shares of Carr's Group PLC (LON:CARR) opened at 147.00 on Wednesday. The stock’s 50 day moving average price is GBX 142.66 and its 200-day moving average price is GBX 144.33. The stock’s market cap is GBX 132.07 million. Carr's Group PLC has a 1-year low of GBX 129.75 and a 1-year high of GBX 174.00.
The firm also recently declared a dividend, which will be paid on Friday, January 13th. Investors of record on Thursday, December 15th will be issued a GBX 1.90 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, December 15th. This is a boost from Carr's Group PLC’s previous dividend of $0.95. This represents a yield of 1.32%.
In other Carr's Group PLC news, insider Wood ,Ian purchased 9,000 shares of the stock in a transaction that occurred on Monday, September 12th. The shares were bought at an average cost of GBX 157 ($1.96) per share, with a total value of £14,130 ($17,653.67). Also, insider Tim Davies sold 26,881 shares of the business’s stock in a transaction that occurred on Monday, November 14th. The stock was sold at an average price of GBX 144 ($1.80), for a total value of £38,708.64 ($48,361.62).
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.
Receive News & Stock Ratings for Carr's Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carr's Group PLC and related stocks with our FREE daily email newsletter.