Aggreko plc (AGK) Price Target Cut to GBX 991
Aggreko plc (LON:AGK) had its price objective reduced by equities researchers at JPMorgan Chase & Co. from GBX 1,051 ($13.13) to GBX 991 ($12.38) in a research report issued on Thursday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 23.57% from the company’s current price.
A number of other equities research analysts also recently weighed in on AGK. Barclays PLC reissued an “overweight” rating and set a GBX 1,150 ($14.37) target price on shares of Aggreko plc in a report on Tuesday, August 2nd. Peel Hunt reissued a “hold” rating and set a GBX 1,200 ($14.99) target price on shares of Aggreko plc in a report on Wednesday, August 3rd. Deutsche Bank AG reissued a “hold” rating and set a GBX 1,070 ($13.37) target price on shares of Aggreko plc in a report on Thursday, August 4th. Royal Bank Of Canada dropped their target price on Aggreko plc from GBX 1,150 ($14.37) to GBX 1,050 ($13.12) and set a “sector perform” rating for the company in a report on Thursday, October 13th. Finally, Jefferies Group reissued an “underperform” rating and set a GBX 750 ($9.37) target price on shares of Aggreko plc in a report on Friday, October 14th. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 887.31 ($11.09).
Shares of Aggreko plc (LON:AGK) opened at 802.000000 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 has a 50 day moving average of GBX 863.40 and a 200 day moving average of GBX 1,053.93. The company’s market cap 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.
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