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LongbridgeAI

Morgans Reaffirms Their Buy Rating on Acrow Formwork and Construction Services Limited (59Y)

Tip Ranks
Aug 4, 2026 at 11:45 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Morgans analyst Alexander Lu reaffirmed a Buy rating on Acrow Formwork and Construction Services Limited (59Y), setting a price target of A$1.30. Lu, a 3-star analyst covering the Industrials sector, maintains this stance alongside an industry consensus of Strong Buy with an average target of €0.78.

Morgans analyst Alexander Lu maintained a Buy rating on Acrow Formwork and Construction Services Limited today and set a price target of A$1.30.

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According to TipRanks, Lu is a 3-star analyst with an average return of 4.4% and a 46.30% success rate. Lu covers the Industrials sector, focusing on stocks such as Brambles , Reliance Worldwide Corp., and Acrow Formwork and Construction Services Limited.

Currently, the analyst consensus on Acrow Formwork and Construction Services Limited is a Strong Buy with an average price target of €0.78.

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