Carclo plc (CAR) Stock Rating Reaffirmed by Peel Hunt
Carclo plc (LON:CAR)‘s stock had its “buy” rating restated by Peel Hunt in a report issued on Tuesday. They presently have a GBX 200 ($2.63) price objective on the stock. Peel Hunt’s price target suggests a potential upside of 38.50% from the stock’s previous close.
Other equities research analysts have also issued research reports about the company. N+1 Singer reissued a “buy” rating and issued a GBX 175 ($2.30) price objective on shares of Carclo plc in a report on Tuesday. FinnCap reissued a “hold” rating and issued a GBX 165 ($2.17) price objective on shares of Carclo plc in a report on Friday, October 27th.
Shares of Carclo plc (LON:CAR) opened at GBX 144.55 ($1.90) on Tuesday. Carclo plc has a 12-month low of GBX 111 ($1.46) and a 12-month high of GBX 180 ($2.37).
Carclo plc (LON:CAR) last announced its quarterly earnings data on Tuesday, November 14th. The company reported GBX 4.50 ($0.06) earnings per share for the quarter, topping the consensus estimate of GBX 4.30 ($0.06) by GBX 0.20 ($0.00). Carclo plc had a return on equity of 27.99% and a net margin of 5.74%. The company had revenue of GBX 7,218 million during the quarter.
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In other news, insider Chris Malley acquired 14,144 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was bought at an average price of GBX 141 ($1.85) per share, with a total value of £19,943.04 ($26,230.49).
Carclo plc Company Profile
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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