Jefferies Group Upgrades Aggreko plc (AGK) to Hold
Aggreko plc (LON:AGK) was upgraded by analysts at Jefferies Group to a “hold” rating in a research note issued on Thursday. The brokerage presently has a GBX 750 ($9.37) price objective on the stock. Jefferies Group’s target price points to a potential downside of 6.48% from the company’s previous close.
Several other equities research analysts have also issued reports on AGK. Deutsche Bank AG reissued a “hold” rating and issued a GBX 1,070 ($13.37) price target on shares of Aggreko plc in a report on Thursday, August 4th. Royal Bank Of Canada lowered their price target on shares of Aggreko plc from GBX 1,150 ($14.37) to GBX 1,050 ($13.12) and set a “sector perform” rating on the stock in a report on Thursday, October 13th. Peel Hunt reissued a “hold” rating and issued a GBX 1,200 ($14.99) price target on shares of Aggreko plc in a report on Wednesday, August 3rd. Barclays PLC reissued an “overweight” rating and issued a GBX 1,150 ($14.37) price target on shares of Aggreko plc in a report on Tuesday, August 2nd. Finally, JPMorgan Chase & Co. lowered 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 on the stock in a report on Thursday, August 4th. 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 company. The stock has an average rating of “Hold” and a consensus price target of GBX 887.31 ($11.09).
Aggreko plc (LON:AGK) opened at 802.000000 on Thursday. 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 capitalization is GBX 2.05 billion. Aggreko plc has a 52-week low of GBX 751.00 and a 52-week high of GBX 1,305.00.
Aggreko plc Company Profile
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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