Macquarie Reiterates “Outperform” Rating for Aldermore Group PLC (ALD)
Aldermore Group PLC (LON:ALD)‘s stock had its “outperform” rating reissued by analysts at Macquarie in a research note issued to investors on Monday. They currently have a GBX 245 ($3.06) price target on the stock, up from their prior price target of GBX 240 ($3.00). Macquarie’s price target suggests a potential upside of 21.29% from the company’s previous close.
Several other research analysts have also commented on ALD. Peel Hunt reaffirmed a “hold” rating and set a GBX 145 ($1.81) price target on shares of Aldermore Group PLC in a research report on Thursday, August 11th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 165 ($2.06) target price on shares of Aldermore Group PLC in a report on Friday, August 12th. Investec reissued a “buy” rating on shares of Aldermore Group PLC in a report on Monday, September 12th. Royal Bank Of Canada boosted their target price on Aldermore Group PLC from GBX 175 ($2.19) to GBX 190 ($2.37) and gave the company a “sector performer” rating in a report on Friday, September 23rd. Finally, BNP Paribas reissued a “neutral” rating and issued a GBX 200 ($2.50) target price on shares of Aldermore Group PLC in a report on Friday, November 11th. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 214.91 ($2.69).
Aldermore Group PLC (LON:ALD) opened at 202.00 on Monday. Aldermore Group PLC has a 1-year low of GBX 102.00 and a 1-year high of GBX 281.50. The firm’s market capitalization is GBX 696.37 million. The company has a 50-day moving average price of GBX 177.25 and a 200 day moving average price of GBX 168.56.
About Aldermore Group PLC
Receive News & Stock Ratings for Aldermore Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aldermore Group PLC and related stocks with our FREE daily email newsletter.