AlphaValue Reaffirms Buy Rating for Aggreko plc (AGK)
Aggreko plc (LON:AGK)‘s stock had its “buy” rating reaffirmed by stock analysts at AlphaValue in a research report issued to clients and investors on Friday. They currently have a GBX 1,103 ($13.78) price objective on the stock. AlphaValue’s price objective would suggest a potential upside of 40.78% from the company’s current price.
Other analysts have also issued reports about the stock. Jefferies Group reaffirmed an “underperform” rating and set a GBX 750 ($9.37) price objective on shares of Aggreko plc in a research note on Friday, October 14th. Deutsche Bank AG reduced their price target on shares of Aggreko plc from GBX 1,070 ($13.37) to GBX 780 ($9.75) and set a “hold” rating for the company in a research report on Tuesday, November 1st. Credit Suisse Group AG lowered shares of Aggreko plc to an “underperform” rating and reduced their price target for the stock from GBX 1,065 ($13.31) to GBX 740 ($9.25) in a research report on Thursday, October 20th. Morgan Stanley raised shares of Aggreko plc to an “equal weight” rating in a research report on Friday, November 4th. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 1,200 ($14.99) price target on shares of Aggreko plc in a research report on Wednesday, August 3rd. Five analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 887.31 ($11.09).
Aggreko plc (LON:AGK) traded up 2.30% during midday trading on Friday, reaching GBX 801.50. 1,776,078 shares of the company were exchanged. Aggreko plc has a 52-week low of GBX 751.00 and a 52-week high of GBX 1,305.00. The firm’s 50-day moving average price is GBX 869.47 and its 200 day moving average price is GBX 1,055.92. The stock’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.