Alumasc Group (LON:ALU) Receives Add Rating from Peel Hunt

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Peel Hunt restated their add rating on shares of Alumasc Group (LON:ALU) in a report issued on Thursday, October 25th.

Separately, FinnCap lifted their price objective on shares of Alumasc Group from GBX 145 ($1.89) to GBX 165 ($2.16) and gave the stock a corporate rating in a research report on Tuesday, September 11th.

Alumasc Group stock opened at GBX 127.50 ($1.67) on Thursday. Alumasc Group has a 1 year low of GBX 115 ($1.50) and a 1 year high of GBX 195 ($2.55).

Alumasc Group (LON:ALU) last posted its quarterly earnings results on Tuesday, September 11th. The company reported GBX 14.40 ($0.19) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 14.50 ($0.19) by GBX (0.10) ($0.00).

The company also recently disclosed a dividend, which was paid on Wednesday, October 31st. Shareholders of record on Thursday, October 4th were given a dividend of GBX 4.40 ($0.06) per share. This represents a yield of 3.18%. This is a boost from Alumasc Group’s previous dividend of $2.95. The ex-dividend date of this dividend was Thursday, October 4th.

In other news, insider G Paul Hooper acquired 22,790 shares of the stock in a transaction on Wednesday, November 7th. The shares were purchased at an average cost of GBX 131 ($1.71) per share, for a total transaction of £29,854.90 ($39,010.71).

Alumasc Group Company Profile

The Alumasc Group plc, together with its subsidiaries, manufactures and sells building products in the United Kingdom, Europe, North America, the Middle East, the Far East, and internationally. The company offers solar shading and architectural screening products; roofing and walling products, including waterproofing systems for flat roofs and exterior wall insulation systems, as well as roofing support services; and water management solutions to manage and attenuate water originating inside or outside of the buildings.

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