Oriel Securities Ltd Reiterates “Buy” Rating for Acal plc (ACL)
Acal plc (LON:ACL) traded down 1.58% during mid-day trading on Tuesday, hitting GBX 218.50. The stock had a trading volume of 276,598 shares. Acal plc has a 52-week low of GBX 215.00 and a 52-week high of GBX 303.804. The stock’s 50-day moving average is GBX 310.7 and its 200-day moving average is GBX 329.8. The company’s market cap is £68.5 million.
The company also recently declared a dividend, which is scheduled for Thursday, July 31st. Stockholders of record on Wednesday, June 11th will be given a dividend of GBX 6.85 ($0.12) per share. This represents a yield of 1.96%. The ex-dividend date of this dividend is Wednesday, June 11th.
A number of other analysts have also recently weighed in on ACL. Analysts at N+1 Singer reiterated a “buy” rating on shares of Acal plc in a research note on Friday, May 30th. They now have a GBX 380 ($6.51) price target on the stock. Five investment analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of GBX 393.33 ($6.73).
Acal plc is a provider of advanced technology solutions. The Company provides marketing, engineering, design, manufacturing and other services through two divisions: Specialist Electronics and Supply Chain.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.