Carclo plc (CAR) Stock Rating Reaffirmed by Peel Hunt
Carclo plc (LON:CAR)‘s stock had its “buy” rating reissued by equities research analysts at Peel Hunt in a report issued on Thursday. They presently have a GBX 200 ($2.55) price target on the stock. Peel Hunt’s target price would suggest a potential upside of 13.31% from the stock’s previous close.
CAR has been the topic of a number of other reports. FinnCap upped their target price on Carclo plc from GBX 138 ($1.76) to GBX 165 ($2.10) and gave the stock a “buy” rating in a research note on Tuesday, June 6th. N+1 Singer restated a “buy” rating and issued a GBX 161 ($2.05) target price on shares of Carclo plc in a research note on Tuesday, April 11th.
Carclo plc (LON CAR) opened at 176.50 on Thursday. The firm has a 50-day moving average price of GBX 149.06 and a 200-day moving average price of GBX 138.29. Carclo plc has a 52-week low of GBX 106.75 and a 52-week high of GBX 177.50. The company’s market cap is GBX 128.86 million.
About Carclo plc
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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