Carclo (CAR) PT Lowered to GBX 130
Carclo (LON:CAR) had its target price cut by equities researchers at Peel Hunt from GBX 200 ($2.71) to GBX 130 ($1.76) in a note issued to investors on Monday. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s target price suggests a potential upside of 62.50% from the stock’s current price.
CAR has been the topic of several other reports. FinnCap reaffirmed a “hold” rating and issued a GBX 165 ($2.24) price target on shares of Carclo in a report on Friday, October 27th. N+1 Singer reissued a “buy” rating and set a GBX 175 ($2.37) target price on shares of Carclo in a report on Tuesday, November 14th.
Shares of Carclo (LON CAR) opened at GBX 80 ($1.08) on Monday. The stock has a market cap of $59.36 and a price-to-earnings ratio of 800.00. Carclo has a twelve month low of GBX 62.40 ($0.85) and a twelve month high of GBX 180 ($2.44).
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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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