Peel Hunt Raises Castings (CGS) Price Target to GBX 470

Castings (LON:CGS) had its price objective boosted by Peel Hunt from GBX 460 ($6.01) to GBX 470 ($6.14) in a research note released on Monday. Peel Hunt currently has a buy rating on the stock.

LON:CGS opened at GBX 352 ($4.60) on Monday. Castings has a 1-year low of GBX 421 ($5.50) and a 1-year high of GBX 490 ($6.40).

About Castings

Castings P.L.C. engages in iron casting and machining activities. It operates through Foundry Operations and Machining segments. The company offers ductile iron castings, spheroidal graphite (SG) iron castings, austempered ductile iron castings, simo castings, Ni-resist castings, and grey iron castings, as well as aluminum castings.

Further Reading: Quiet Period Expirations

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