Liberum Capital Lowers AA PLC (AA) Price Target to GBX 300
AA PLC (LON:AA) had its target price decreased by Liberum Capital from GBX 340 ($4.43) to GBX 300 ($3.91) in a research note issued on Wednesday, August 2nd. The firm presently has a “buy” rating on the stock. Liberum Capital’s target price suggests a potential upside of 59.83% from the company’s current price.
Several other analysts have also recently issued reports on AA. Credit Suisse Group started coverage on AA PLC in a research note on Tuesday, May 9th. They issued a “neutral” rating and a GBX 275 ($3.58) target price on the stock. Citigroup Inc. reissued a “buy” rating and issued a GBX 385 ($5.01) target price on shares of AA PLC in a research note on Friday, June 9th. Finally, Barclays PLC started coverage on AA PLC in a research note on Wednesday, July 19th. They issued an “overweight” rating and a GBX 280 ($3.65) target price on the stock. Two investment analysts have rated the stock with a sell rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of GBX 305.71 ($3.98).
Shares of AA PLC (LON:AA) opened at 185.80 on Wednesday. The company’s 50 day moving average price is GBX 224.10 and its 200 day moving average price is GBX 245.10. AA PLC has a 12 month low of GBX 176.20 and a 12 month high of GBX 309.00. The company’s market cap is GBX 1.13 billion.
About AA PLC
AA plc (AA) offers roadside assistance service. The Company’s segments include Roadside Assistance, Insurance Services, Driving Services, Ireland, Insurance Underwriting and Head Office costs. The Roadside Assistance segment sends patrols to members stranded at the side of the road and repairs their vehicles.
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