Acal plc (ACL) Receives Buy Rating from FinnCap
A number of other analysts have also weighed in on the company. Numis Securities Ltd raised Acal plc to a buy rating and set a GBX 270 ($3.44) price objective for the company in a research note on Monday, March 13th. Peel Hunt reissued a buy rating and set a GBX 315 ($4.01) price objective on shares of Acal plc in a research note on Wednesday, April 19th.
Acal plc (LON:ACL) traded up 0.60% during midday trading on Monday, reaching GBX 294.75. 26,597 shares of the company traded hands. The company’s market capitalization is GBX 185.84 million. Acal plc has a one year low of GBX 203.20 and a one year high of GBX 306.88. The stock’s 50 day moving average is GBX 275.16 and its 200 day moving average is GBX 239.63.
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The business also recently disclosed a dividend, which will be paid on Friday, July 28th. Stockholders of record on Thursday, June 15th will be paid a dividend of GBX 6.05 ($0.08) per share. This represents a dividend yield of 2.13%. The ex-dividend date is Thursday, June 15th. This is a positive change from Acal plc’s previous dividend of $2.45.
About Acal plc
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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