AA (LON:AA)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research report issued to clients and investors on Thursday. They currently have a GBX 250 ($3.35) target price on the stock. Liberum Capital’s target price suggests a potential upside of 63.19% from the stock’s previous close.

Several other equities analysts have also recently commented on the stock. Credit Suisse Group cut shares of AA to an “underperform” rating and decreased their price target for the company from GBX 235 ($3.15) to GBX 175 ($2.34) in a research report on Tuesday, August 8th. Berenberg Bank cut shares of AA to a “hold” rating and decreased their price target for the company from GBX 315 ($4.22) to GBX 170 ($2.28) in a research report on Thursday, October 12th. Citigroup reissued a “buy” rating and issued a GBX 350 ($4.69) price target on shares of AA in a research report on Wednesday, August 2nd. Barclays reissued an “overweight” rating and issued a GBX 270 ($3.62) price target on shares of AA in a research report on Wednesday, August 2nd. Finally, Jefferies Group decreased their price objective on shares of AA from GBX 150 ($2.01) to GBX 125 ($1.67) and set an “underperform” rating for the company in a research report on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. AA presently has a consensus rating of “Hold” and a consensus target price of GBX 219.17 ($2.94).

AA (AA) opened at GBX 153.20 ($2.05) on Thursday. AA has a 1 year low of GBX 147.50 ($1.98) and a 1 year high of GBX 284.40 ($3.81).

In other news, insider Martin C. Clarke acquired 100,000 shares of the firm’s stock in a transaction dated Thursday, September 28th. The stock was acquired at an average cost of GBX 166 ($2.22) per share, with a total value of £166,000 ($222,311.50). Over the last ninety days, insiders have bought 100,280 shares of company stock valued at $16,645,078.

COPYRIGHT VIOLATION WARNING: This story was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this story can be accessed at https://www.thecerbatgem.com/2017/12/02/aa-aa-rating-reiterated-by-liberum-capital.html.

AA Company Profile

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.

Analyst Recommendations for AA (LON:AA)

Receive News & Stock Ratings for AA PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AA PLC and related stocks with our FREE daily email newsletter.