Nplus1 Brewin Initiates Coverage on Acal plc (ACL)
Stock analysts at Nplus1 Brewin began coverage on shares of Acal plc (LON:ACL) in a report issued on Friday, StockRatingsNetwork reports. The firm set a “buy” rating and a GBX 380 ($6.24) price target on the stock. Nplus1 Brewin’s target price would suggest a potential upside of 9.43% from the stock’s previous close.
A number of other firms have also recently commented on ACL. Analysts at N+1 Singer initiated coverage on shares of Acal plc in a research note to investors on Friday. They set a “buy” rating and a GBX 380 ($6.24) price target on the stock.
Shares of Acal plc (LON:ACL) opened at 347.25 on Friday. Acal plc has a 52-week low of GBX 198.75 and a 52-week high of GBX 380.00. The stock has a 50-day moving average of GBX 328.7 and a 200-day moving average of GBX 302.7. The company’s market cap is £108.7 million.
Acal plc is a provider of technology products and services. It is the parent company of a sales, marketing, and services group with two divisions: electronics and supply chain.
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