Aggreko plc (AGK) Stock Rating Reaffirmed by Deutsche Bank AG
Aggreko plc (LON:AGK)‘s stock had its “hold” rating restated by equities researchers at Deutsche Bank AG in a research report issued to clients and investors on Thursday. They currently have a GBX 780 ($9.75) price objective on the stock. Deutsche Bank AG’s price target indicates a potential downside of 2.74% from the company’s previous close.
AGK has been the subject of a number of other reports. JPMorgan Chase & Co. reduced their price target on shares of Aggreko plc from GBX 1,179 ($14.73) to GBX 1,051 ($13.13) and set a “neutral” rating for the company in a research report on Thursday, August 4th. Barclays PLC reduced their price target on shares of Aggreko plc from GBX 1,150 ($14.37) to GBX 1,000 ($12.49) and set an “overweight” rating for the company in a research report on Monday, November 14th. Credit Suisse Group AG cut shares of Aggreko plc to an “underperform” rating and reduced their price target for the company from GBX 1,065 ($13.31) to GBX 740 ($9.25) in a research report on Thursday, October 20th. Jefferies Group reissued an “underperform” rating and issued a GBX 750 ($9.37) price target on shares of Aggreko plc in a research report on Friday, October 14th. 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 research 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’s stock. The stock presently has an average rating of “Hold” and a consensus target price 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 firm’s market capitalization is GBX 2.05 billion. The firm’s 50-day moving average price is GBX 863.40 and its 200 day moving average price is GBX 1,053.93.
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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