Petra Capital analyst James Lennon maintained a Buy rating on Acrow Formwork and Construction Services Limited (59Y - Research Report) today and set a price target of A$1.32. The company's shares closed last Monday at €0.66.

According to TipRanks, Lennon is a 4-star analyst with an average return of 24.8% and a 66.67% success rate. Lennon covers the Industrials sector, focusing on stocks such as Austal Limited, Austin Engineering Limited, and Electro Optic Systems Holdings Limited.

Currently, the analyst consensus on Acrow Formwork and Construction Services Limited is a Strong Buy with an average price target of €0.80.

The company has a one-year high of €0.75 and a one-year low of €0.49. Currently, Acrow Formwork and Construction Services Limited has an average volume of 368.

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Acrow Formwork and Construction Services Limited (59Y) Company Description:

Acrow Formwork and Construction Services Ltd operates in the Australian construction services industry. It is a provider of formwork and scaffolding solutions to residential, commercial, civil and industrial customers. Its business activities are divided into two segments: Formwork and Construction Services which includes the provision of formwork, scaffolding and related materials for hire and sales; and Mineral exploration activities in Ghana.