Aggreko plc (AGK) Price Target Cut to GBX 690 by Analysts at Credit Suisse Group AG
Aggreko plc (LON:AGK) had its target price lowered by Credit Suisse Group AG from GBX 740 ($9.25) to GBX 690 ($8.62) in a research report released on Thursday morning. The firm currently has an underperform rating on the stock.
Several other equities analysts also recently weighed in on the company. Morgan Stanley upgraded Aggreko plc to an equal weight rating in a research report on Friday, November 4th. Peel Hunt downgraded Aggreko plc to a reduce rating and lowered their price objective for the company from GBX 1,200 ($14.99) to GBX 900 ($11.24) in a research report on Friday, October 14th. Deutsche Bank AG lowered their price objective on Aggreko plc from GBX 1,070 ($13.37) to GBX 780 ($9.75) and set a hold rating on the stock in a research report on Tuesday, November 1st. Jefferies Group restated an underperform rating and issued a GBX 750 ($9.37) price objective on shares of Aggreko plc in a research report on Friday, October 14th. Finally, JPMorgan Chase & Co. reduced their target price on Aggreko plc from GBX 1,179 ($14.73) to GBX 1,051 ($13.13) and set a neutral rating on the stock in a report on Thursday, August 4th. Six research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of GBX 882.62 ($11.03).
Aggreko plc (LON:AGK) opened at 802.50 on Thursday. Aggreko plc has a 12 month low of GBX 751.00 and a 12 month high of GBX 1,305.00. The stock’s 50 day moving average price is GBX 869.47 and its 200 day moving average price is GBX 1,055.92. The company’s market capitalization is GBX 2.05 billion.
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.
Receive News & Stock Ratings for Aggreko plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aggreko plc and related stocks with our FREE daily email newsletter.