Carclo plc (CAR) Rating Reiterated by Peel Hunt

Carclo plc (LON:CAR)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a report released on Thursday. They currently have a GBX 190 ($2.48) price objective on the stock. Peel Hunt’s price target points to a potential upside of 42.06% from the stock’s previous close.

Separately, FinnCap lowered Carclo plc to a “hold” rating and decreased their price objective for the company from GBX 195 ($2.55) to GBX 150 ($1.96) in a research report on Wednesday, August 31st.

Carclo plc (LON:CAR) opened at 135.00 on Thursday. Carclo plc has a 52 week low of GBX 105.00 and a 52 week high of GBX 169.00. The stock’s market cap is GBX 89.39 million. The firm has a 50-day moving average price of GBX 138.60 and a 200-day moving average price of GBX 144.31.

About Carclo plc

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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