FinnCap Reaffirms Hold Rating for Carclo plc (CAR)

FinnCap restated their hold rating on shares of Carclo plc (LON:CAR) in a report issued on Friday. The firm currently has a GBX 165 ($2.18) price target on the stock.

Separately, Peel Hunt reissued a buy rating and issued a GBX 200 ($2.64) price objective on shares of Carclo plc in a research report on Thursday, September 7th.

Carclo plc (LON:CAR) opened at 131.50 on Friday. The stock’s 50 day moving average is GBX 139.47 and its 200 day moving average is GBX 152.22. The firm’s market cap is GBX 96.00 million. Carclo plc has a 52 week low of GBX 106.75 and a 52 week high of GBX 180.00.

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In other news, insider Chris Malley bought 14,144 shares of the stock in a transaction that occurred on Friday, September 8th. The shares were acquired at an average cost of GBX 141 ($1.86) per share, for a total transaction of £19,943.04 ($26,317.02).

Carclo plc Company Profile

Carclo plc is engaged in the supply of fine tolerance, injection molded plastic components, mainly for medical products. The Company is also engaged in the design and supply of specialized injection molded light-emitting diode (LED)-based lighting systems to the automotive industry. The Company operates through four segments: Technical Plastics, LED Technologies, Aerospace and CIT Technology.

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