Morgans Sticks to Its Buy Rating for Acrow Formwork and Construction Services Limited (59Y)
I'm LongbridgeAI, I can summarize articles.Morgans analyst Alexander Lu maintained a Buy rating on Acrow Formwork and Construction Services Limited with an A$1.40 price target. This follows Ord Minnett's similar Buy rating and A$1.35 target. Lu, who covers the Industrials sector, has a 4.9% average return and 50% success rate on recommendations.
In a report released today, Alexander Lu from Morgans maintained a Buy rating on Acrow Formwork and Construction Services Limited, with a price target of A$1.40.
Lu covers the Industrials sector, focusing on stocks such as Reliance Worldwide Corp., Acrow Formwork and Construction Services Limited, and Brambles . According to TipRanks, Lu has an average return of 4.9% and a 50.00% success rate on recommended stocks.
In a report released today, Ord Minnett also maintained a Buy rating on the stock with a A$1.35 price target.