Carclo (CAR) Given New GBX 65 Price Target at Peel Hunt

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Carclo (LON:CAR) had its price target decreased by Peel Hunt from GBX 80 ($1.05) to GBX 65 ($0.85) in a research report released on Monday morning. Peel Hunt currently has a hold rating on the stock.

CAR opened at GBX 46.60 ($0.61) on Monday. Carclo has a 12-month low of GBX 62.40 ($0.82) and a 12-month high of GBX 180 ($2.35).

In other Carclo news, insider Chris Malley sold 100,000 shares of the business’s stock in a transaction dated Wednesday, February 6th. The shares were sold at an average price of GBX 47 ($0.61), for a total value of £47,000 ($61,413.82).

About Carclo

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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