Shore Capital reaffirmed their buy rating on shares of Aldermore Group PLC (LON:ALD) in a report released on Thursday, May 11th.

A number of other analysts have also recently weighed in on ALD. J P Morgan Chase & Co boosted their price target on Aldermore Group PLC from GBX 220 ($2.78) to GBX 250 ($3.16) and gave the stock a neutral rating in a research report on Tuesday, January 17th. Barclays PLC boosted their price objective on Aldermore Group PLC from GBX 220 ($2.78) to GBX 270 ($3.42) and gave the stock an overweight rating in a research report on Wednesday, February 1st. Panmure Gordon initiated coverage on Aldermore Group PLC in a research report on Thursday, February 16th. They set a buy rating and a GBX 285 ($3.61) price objective for the company. Credit Suisse Group boosted their price target on Aldermore Group PLC from GBX 180 ($2.28) to GBX 210 ($2.66) and gave the company a neutral rating in a research note on Thursday, February 16th. Finally, Investec restated a buy rating on shares of Aldermore Group PLC in a research note on Tuesday, February 21st. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has an average rating of Buy and an average price target of GBX 262.92 ($3.33).

Shares of Aldermore Group PLC (LON:ALD) traded up 1.38% during midday trading on Thursday, hitting GBX 228.50. The company had a trading volume of 1,005,750 shares. Aldermore Group PLC has a one year low of GBX 102.00 and a one year high of GBX 260.31. The company’s 50 day moving average is GBX 245.00 and its 200 day moving average is GBX 231.32. The firm’s market cap is GBX 787.73 million.

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In related news, insider James Mack sold 86,873 shares of the firm’s stock in a transaction dated Friday, May 12th. The shares were sold at an average price of GBX 256 ($3.24), for a total value of £222,394.88 ($281,334.45).

About Aldermore Group PLC

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