FinnCap Cuts Carclo plc (CAR) Price Target to GBX 138
Carclo plc (LON:CAR) had its price objective cut by FinnCap from GBX 150 ($1.86) to GBX 138 ($1.71) in a report released on Friday. The firm presently has a “hold” rating on the stock. FinnCap’s price objective would suggest a potential upside of 7.60% from the stock’s current price.
Other analysts also recently issued reports about the company. N+1 Singer restated a “buy” rating and issued a GBX 161 ($1.99) price target on shares of Carclo plc in a research report on Friday. Peel Hunt restated a “buy” rating and issued a GBX 190 ($2.35) price target on shares of Carclo plc in a research report on Friday.
Shares of Carclo plc (LON:CAR) opened at 127.80 on Friday. The stock’s 50 day moving average is GBX 134.80 and its 200-day moving average is GBX 144.33. Carclo plc has a one year low of GBX 105.00 and a one year high of GBX 169.00. The company’s market cap is GBX 84.62 million.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/14/finncap-cuts-carclo-plc-car-price-target-to-gbx-138.html
About Carclo plc
Carclo plc (Carclo) is a supplier of technical plastics products. The Company manufactures parts for the medical, industrial, aerospace, and luxury and supercar lighting markets. The Company operates through four segments: Technical Plastics, LED Technologies, Precision Engineering and CIT Technology.
Receive News & Ratings for Carclo plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carclo plc and related companies with MarketBeat.com's FREE daily email newsletter.