Acal plc (ACL) Rating Reiterated by Numis Securities Ltd
Acal plc (LON:ACL)‘s stock had its “add” rating reissued by Numis Securities Ltd in a research note issued to investors on Wednesday. They currently have a GBX 260 ($3.23) price target on the stock. Numis Securities Ltd’s price objective points to a potential upside of 23.22% from the stock’s previous close.
Several other analysts have also issued reports on the stock. Peel Hunt restated a “buy” rating and set a GBX 315 ($3.91) price target on shares of Acal plc in a research report on Thursday, October 13th. FinnCap restated a “buy” rating and set a GBX 339 ($4.21) price target on shares of Acal plc in a research report on Thursday, November 17th.
Shares of Acal plc (LON:ACL) opened at 213.75 on Wednesday. The company has a 50-day moving average price of GBX 231.55 and a 200-day moving average price of GBX 244.75. Acal plc has a 12 month low of GBX 203.20 and a 12 month high of GBX 285.00. The company’s market capitalization is GBX 134.77 million.
The company also recently announced a dividend, which will be paid on Friday, January 13th. Stockholders of record on Thursday, December 22nd will be issued a dividend of GBX 2.45 ($0.03) per share. The ex-dividend date is Thursday, December 22nd. This represents a dividend yield of 1.16%.
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About Acal plc
ACAL plc designs, manufactures and distributes electronic products and solutions. The Company operates through two segments: Custom Distribution and Design & Manufacturing. The Custom Distribution segment provides customized electronic, photonic and medical products to the industrial, medical and healthcare markets, both from a range of international suppliers and from the Company’s Design & Manufacturing division.
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