Aldermore Group PLC (ALD) PT Raised to GBX 220
Aldermore Group PLC (LON:ALD) had its price objective upped by JPMorgan Chase & Co. from GBX 200 ($2.50) to GBX 220 ($2.75) in a research note issued on Friday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 8.70% from the company’s previous close.
ALD has been the subject of several other research reports. Deutsche Bank AG restated a “hold” rating on shares of Aldermore Group PLC in a report on Thursday, July 21st. Royal Bank Of Canada raised their target price on shares of Aldermore Group PLC from GBX 175 ($2.19) to GBX 190 ($2.37) and gave the stock a “sector performer” rating in a report on Friday, September 23rd. Peel Hunt lowered shares of Aldermore Group PLC to a “hold” rating and lowered their target price for the stock from GBX 235 ($2.94) to GBX 145 ($1.81) in a report on Monday, July 18th. Credit Suisse Group AG lowered shares of Aldermore Group PLC to a “neutral” rating and lowered their target price for the stock from GBX 185 ($2.31) to GBX 180 ($2.25) in a report on Tuesday, October 25th. Finally, Barclays PLC raised their target price on shares of Aldermore Group PLC from GBX 120 ($1.50) to GBX 140 ($1.75) and gave the stock an “equal weight” rating in a report on Wednesday, July 20th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Aldermore Group PLC currently has a consensus rating of “Hold” and a consensus price target of GBX 214.91 ($2.69).
Shares of Aldermore Group PLC (LON:ALD) opened at 203.36 on Friday. Aldermore Group PLC has a one year low of GBX 102.00 and a one year high of GBX 281.50. The firm has a 50-day moving average of GBX 176.56 and a 200-day moving average of GBX 168.58. The stock’s market cap is GBX 701.06 million.
About Aldermore Group PLC
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