Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Capral Limited ( (AU:CAA) ) just unveiled an announcement.
Capral Limited has completed the acquisition of Comsupply Pty Ltd, a Perth-based distributor of aluminium systems and hardware. This acquisition is a strategic move to enhance Capral’s product offerings and strengthen its market position in Western Australia and across Australia. Comsupply will operate as a standalone business within Capral’s Building Systems division, allowing Capral to leverage Comsupply’s capabilities and product range.
The most recent analyst rating on (AU:CAA) stock is a Buy with a A$11.50 price target. To see the full list of analyst forecasts on Capral Limited stock, see the AU:CAA Stock Forecast page.
More about Capral Limited
Capral Limited operates in the aluminium industry, focusing on providing aluminium systems and hardware. The company offers a range of products including partition systems and wardrobes, with a market focus on expanding its presence in the Western Australian and national markets.
Average Trading Volume: 8,646
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$183.3M
For a thorough assessment of CAA stock, go to TipRanks’ Stock Analysis page.