FinnCap Lowers Carclo plc (CAR) Price Target to GBX 138

Carclo plc (LON:CAR) had its price objective reduced by FinnCap from GBX 150 ($1.86) to GBX 138 ($1.71) in a note issued to investors on Friday. The firm presently has a “hold” rating on the stock. FinnCap’s target price would indicate a potential upside of 7.60% from the stock’s current price.

Several other brokerages also recently issued reports on CAR. Peel Hunt reiterated a “buy” rating and set a GBX 190 ($2.35) price target on shares of Carclo plc in a report on Wednesday, August 31st. N+1 Singer reiterated a “buy” rating and set a GBX 161 ($1.99) price target on shares of Carclo plc in a report on Friday.

Carclo plc (LON:CAR) opened at 127.80 on Friday. The company’s market cap is GBX 84.62 million. Carclo plc has a 12 month low of GBX 105.00 and a 12 month high of GBX 169.00. The company has a 50 day moving average price of GBX 134.80 and a 200-day moving average price of GBX 144.33.

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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