Alumasc Group’s (ALU) Add Rating Reiterated at Peel Hunt
Separately, FinnCap raised their price objective on Alumasc Group from GBX 145 ($1.89) to GBX 165 ($2.15) and gave the company a corporate rating in a research note on Tuesday.
Shares of ALU stock opened at GBX 135 ($1.76) on Tuesday. Alumasc Group has a fifty-two week low of GBX 115 ($1.50) and a fifty-two week high of GBX 195 ($2.54).
The company also recently disclosed a dividend, which will be paid on Wednesday, October 31st. Shareholders of record on Thursday, October 4th will be paid a GBX 4.40 ($0.06) dividend. This represents a yield of 3.18%. The ex-dividend date is Thursday, October 4th. This is a boost from Alumasc Group’s previous dividend of $2.95.
About Alumasc Group
The Alumasc Group plc, together with its subsidiaries, manufactures and sells building products in the United Kingdom, Europe, North America, the Middle East, the Far East, and internationally. The company offers solar shading and architectural screening products; roofing and walling products, including waterproofing systems for flat roofs and exterior wall insulation systems, as well as roofing support services; and water management solutions to manage and attenuate water originating inside or outside of the buildings.
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