Carr's Group PLC (CARR) Stock Rating Upgraded by Shore Capital

Carr's Group PLC (LON:CARR) was upgraded by investment analysts at Shore Capital to a “buy” rating in a research note issued to investors on Monday.

Separately, Whitman Howard reiterated a “buy” rating and issued a GBX 185 ($2.43) price target on shares of Carr's Group PLC in a research report on Monday, July 17th.

Carr's Group PLC (CARR) opened at GBX 142 ($1.87) on Monday. Carr's Group PLC has a 12-month low of GBX 106.50 ($1.40) and a 12-month high of GBX 156.50 ($2.06).

Carr's Group PLC (LON:CARR) last released its quarterly earnings results on Monday, November 13th. The company reported GBX 8.90 ($0.12) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 8.70 ($0.11) by GBX 0.20 ($0.00). The company had revenue of £346.22 million during the quarter. Carr's Group PLC had a return on equity of 12.46% and a net margin of 3.72%.

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Carr's Group PLC Company Profile

Carr’s Group plc is engaged in the agriculture and engineering activities. The Company’s segments are Agriculture and Engineering. The Agriculture segment includes the sale of animal feed and feed blocks together with retail sales of farm equipment, fuels and farm consumables. The Engineering segment includes the design and manufacture of bespoke equipment for use in nuclear, oil and gas, and petrochemical industries.

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