N+1 Singer Reiterates “Buy” Rating for Carclo plc (CAR)
Carclo plc (LON:CAR)‘s stock had its “buy” rating reiterated by investment analysts at N+1 Singer in a note issued to investors on Friday. They currently have a GBX 161 ($1.96) price objective on the stock. N+1 Singer’s price objective would suggest a potential upside of 30.36% from the stock’s previous close.
CAR has been the topic of a number of other reports. FinnCap cut Carclo plc to a “hold” rating and cut their target price for the stock from GBX 195 ($2.38) to GBX 150 ($1.83) in a report on Wednesday, August 31st. Peel Hunt reiterated a “buy” rating and issued a GBX 190 ($2.32) target price on shares of Carclo plc in a report on Wednesday, August 31st.
Carclo plc (LON:CAR) opened at 123.50 on Friday. The firm has a 50-day moving average of GBX 132.73 and a 200-day moving average of GBX 144.39. The company’s market cap is GBX 81.77 million. Carclo plc has a 52 week low of GBX 105.00 and a 52 week high of GBX 169.00.
Carclo plc Company Profile
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.
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