Aggreko PLC (ARGKF) Upgraded by Zacks Investment Research to Hold
Zacks Investment Research upgraded shares of Aggreko PLC (NASDAQ:ARGKF) from a sell rating to a hold rating in a report issued on Monday, May 15th.
According to Zacks, “Aggreko plc provides rental solutions to energy sector primarily of power generation and temperature control equipments. Its power generation rental solutions include generators, gas generators, transformers, load banks, fuel tanks, and electrical distribution equipment, as well as power accessories. Temperature control equipments include: chillers, cooling towers, air conditioners, spot coolers, air handlers, heaters, heat exchangers, and temperature accessories. The Company also provides dehumidifiers; and oil-free air solutions, including air compressor, air dryer, after coolers, and air accessories, as well as offers risk management solutions. Cooling equipments include supplemental cooling, thermal discharge cooling, cooling tower repair, contingency plan, emergency cooling, and cooling tower accessories. The Company also offers event services and process services. Aggreko plc is headquartered in Glasgow, the United Kingdom. “
Separately, Deutsche Bank AG lowered Aggreko PLC from a buy rating to a hold rating in a research note on Monday, January 30th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Aggreko PLC presently has an average rating of Hold and a consensus price target of $13.00.
Shares of Aggreko PLC (ARGKF) traded up 0.77% during trading on Monday, reaching $11.85. The company’s stock had a trading volume of 561 shares. Aggreko PLC has a 52 week low of $9.45 and a 52 week high of $17.98. The company has a 50 day moving average price of $11.24 and a 200 day moving average price of $11.60. The firm has a market capitalization of $3.02 billion and a P/E ratio of 18.93.
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About Aggreko PLC
Aggreko plc is a United Kingdom-based company, which is a 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 businesses: utility and industrial.
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