Peel Hunt Reaffirms Buy Rating for Acal plc (ACL)
Acal plc (LON:ACL)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a note issued to investors on Friday. They currently have a GBX 360 ($4.66) target price on the stock. Peel Hunt’s price target indicates a potential upside of 21.72% from the company’s current price.
Other analysts have also issued reports about the stock. FinnCap restated a “buy” rating and set a GBX 339 ($4.39) price target on shares of Acal plc in a research report on Wednesday, April 19th. Numis Securities Ltd restated a “buy” rating and set a GBX 305 ($3.95) price target on shares of Acal plc in a research report on Thursday, April 20th.
Acal plc (ACL) opened at 295.75 on Friday. The firm’s market capitalization is GBX 186.47 million. The firm’s 50-day moving average price is GBX 282.48 and its 200 day moving average price is GBX 243.86. Acal plc has a one year low of GBX 203.20 and a one year high of GBX 306.88.
The firm also recently declared a dividend, which will be paid on Friday, July 28th. Shareholders of record on Thursday, June 15th will be given a dividend of GBX 6.05 ($0.08) per share. This represents a yield of 2.13%. This is a positive change from Acal plc’s previous dividend of $2.45. The ex-dividend date of this dividend is Thursday, June 15th.
Acal plc Company Profile
ACAL plc designs, manufactures and distributes electronic products and solutions. The Company operates through two segments: Custom Distribution and Design & Manufacturing. The Custom Distribution segment provides customized electronic, photonic and medical products to the industrial, medical and healthcare markets, both from a range of international suppliers and from the Company’s Design & Manufacturing division.
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