Brokerages Set Aggreko plc (LON:AGK) Target Price at $990.33
Aggreko plc (LON:AGK) has been assigned a consensus rating of “Hold” from the fourteen brokerages that are currently covering the stock. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 990.33 ($12.93).
A number of research analysts have commented on the company. Royal Bank Of Canada boosted their price objective on Aggreko plc from GBX 850 ($11.10) to GBX 1,150 ($15.01) and gave the stock a “sector performer” rating in a research note on Thursday, June 30th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 1,150 ($15.01) price objective on shares of Aggreko plc in a research note on Thursday, June 9th. Deutsche Bank AG restated a “hold” rating and set a GBX 990 ($12.92) price objective on shares of Aggreko plc in a research note on Friday, June 10th. Peel Hunt restated a “hold” rating and set a GBX 1,000 ($13.05) price objective on shares of Aggreko plc in a research note on Thursday, June 9th. Finally, HSBC lifted their target price on Aggreko plc from GBX 800 ($10.44) to GBX 900 ($11.75) and gave the stock a “reduce” rating in a research report on Tuesday, July 19th.
Aggreko plc (LON:AGK) opened at 953.50 on Wednesday. Aggreko plc has a 12-month low of GBX 762.05 and a 12-month high of GBX 1,305.00. The stock’s market cap is GBX 2.44 billion. The stock has a 50 day moving average price of GBX 1,017.58 and a 200-day moving average price of GBX 1,105.17.
The business also recently announced a dividend, which was paid on Friday, September 30th. Stockholders of record on Thursday, September 1st were issued a dividend of GBX 9.38 ($0.12) per share. This represents a dividend yield of 0.88%. The ex-dividend date was Thursday, September 1st.
In other news, insider Cran,Carole sold 796 shares of the company’s stock in a transaction that occurred on Friday, August 5th. The stock was sold at an average price of GBX 1,067 ($13.93), for a total transaction of £8,493.32 ($11,086.44).
About Aggreko plc
Aggreko plc is a United Kingdom-based provider of modular, mobile power and related solutions. The Company’s segments include Power Solutions and Rental Solutions. The Power Solutions segment provides solutions for power requirements. The Power Solutions segment has two divisions: utility and industrial.
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