Alumasc Group’s (ALU) “Buy” Rating Reaffirmed at Peel Hunt

Peel Hunt reissued their buy rating on shares of Alumasc Group (LON:ALU) in a report published on Wednesday morning. They currently have a GBX 235 ($3.16) target price on the stock.

Separately, FinnCap reaffirmed a buy rating and issued a GBX 225 ($3.03) price target on shares of Alumasc Group in a research note on Thursday, October 26th.

Alumasc Group (LON ALU) traded down GBX 2 ($0.03) on Wednesday, reaching GBX 164 ($2.21). 35,347 shares of the company’s stock traded hands, compared to its average volume of 47,957. Alumasc Group has a 12-month low of GBX 151 ($2.03) and a 12-month high of GBX 205 ($2.76).

In other Alumasc Group news, insider G Paul Hooper bought 16,143 shares of the firm’s stock in a transaction dated Monday, September 11th. The stock was bought at an average cost of GBX 173 ($2.33) per share, with a total value of £27,927.39 ($37,587.34). Also, insider Andrew Magson bought 13,954 shares of the firm’s stock in a transaction dated Friday, September 8th. The shares were acquired at an average cost of GBX 169 ($2.27) per share, with a total value of £23,582.26 ($31,739.25).

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Alumasc Group Company Profile

The Alumasc Group plc is a building products, systems and solutions company. The Company’s segments include, Solar Shading & Screening, Roofing & Walling, Water Management, and Housebuilding & Ancillary Products. The Solar Shading & Screening segment offers Levolux’s architectural solutions, which are used to shade and screen buildings.

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