---
title: "Morgans Sticks to Its Buy Rating for Acrow Formwork and Construction Services Limited (59Y)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296967847.md"
description: "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."
datetime: "2026-08-26T00:36:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296967847.md)
  - [en](https://longbridge.com/en/news/296967847.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296967847.md)
generator: "portal-rs"
---

# Morgans Sticks to Its Buy Rating for Acrow Formwork and Construction Services Limited (59Y)

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.

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## Related News & Research

- [Shaw and Partners Sticks to Its Buy Rating for Acrow Formwork and Construction Services Limited (59Y)](https://longbridge.com/en/news/297098533.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**