Carclo plc (CAR) PT Lowered to GBX 138

Carclo plc (LON:CAR) had its price objective decreased by FinnCap from GBX 150 ($1.83) to GBX 138 ($1.68) in a research note issued to investors on Friday. The firm currently has a “hold” rating on the stock. FinnCap’s price target would suggest a potential upside of 11.74% from the stock’s current price.

Several other analysts have also recently issued reports on CAR. Peel Hunt reissued a “buy” rating and set a GBX 190 ($2.32) price objective on shares of Carclo plc in a research note on Friday. N+1 Singer reissued a “buy” rating and set a GBX 161 ($1.96) price objective on shares of Carclo plc in a research note on Friday.

Carclo plc (LON:CAR) opened at 123.50 on Friday. Carclo plc has a 12 month low of GBX 105.00 and a 12 month high of GBX 169.00. The stock’s market capitalization is GBX 81.77 million. The company has a 50-day moving average price of GBX 132.73 and a 200 day moving average price of GBX 144.39.

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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