Trade Report: Today, Numis Securities Ltd Begins Coverage on Acal plc (ACL)

Today, Numis Securities Ltd Begins Coverage on Acal plc (ACL)

Research analysts at Numis Securities Ltd initiated coverage on shares of Acal plc (LON:ACL) in a report released on Monday. The firm set an “add” rating and a GBX 260 ($3.25) price target on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 25.00% from the stock’s current price.

Several other research firms also recently commented on ACL. Peel Hunt reiterated a “buy” rating and issued a GBX 315 ($3.94) price objective on shares of Acal plc in a report on Wednesday, July 20th. FinnCap reiterated a “buy” rating and issued a GBX 339 ($4.24) price objective on shares of Acal plc in a report on Tuesday, July 26th.

Shares of Acal plc (LON:ACL) opened at 208.00 on Monday. The firm’s market capitalization is GBX 131.14 million. The company’s 50-day moving average is GBX 234.49 and its 200 day moving average is GBX 245.21. Acal plc has a 1-year low of GBX 203.20 and a 1-year high of GBX 285.00.

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