Acal plc (LON:ACL) Given “Buy” Rating at Peel Hunt
Several other research firms have also recently commented on ACL. Numis Securities Ltd reaffirmed a buy rating and issued a GBX 305 ($3.95) target price on shares of Acal plc in a research report on Thursday, April 20th. FinnCap reaffirmed a buy rating and issued a GBX 339 ($4.39) target price on shares of Acal plc in a research report on Monday, June 19th.
Shares of Acal plc (LON ACL) traded down 1.10% during trading on Friday, hitting GBX 292.50. 6,183 shares of the stock traded hands. Acal plc has a 12 month low of GBX 203.20 and a 12 month high of GBX 306.88. The company has a 50 day moving average price of GBX 282.48 and a 200 day moving average price of GBX 243.86. The firm’s market cap is GBX 184.42 million.
The business also recently announced a dividend, which will be paid on Friday, July 28th. Stockholders of record on Thursday, June 15th will be given a GBX 6.05 ($0.08) dividend. This represents a dividend yield of 2.13%. This is a boost from Acal plc’s previous dividend of $2.45. The ex-dividend date 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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