Aggreko (AGK) Given “Neutral” Rating at JPMorgan Chase & Co.
JPMorgan Chase & Co. reissued their neutral rating on shares of Aggreko (LON:AGK) in a research report sent to investors on Wednesday morning. The firm currently has a GBX 867 ($11.98) target price on the stock.
Other research analysts also recently issued reports about the company. Peel Hunt lowered their target price on Aggreko from GBX 800 ($11.05) to GBX 750 ($10.36) and set a reduce rating for the company in a research report on Tuesday, January 23rd. Jefferies Group upgraded Aggreko to a buy rating and increased their target price for the company from GBX 850 ($11.74) to GBX 1,250 ($17.27) in a research report on Monday, November 13th. Barclays lowered their target price on Aggreko from GBX 1,030 ($14.23) to GBX 955 ($13.19) and set an overweight rating for the company in a research report on Wednesday, November 22nd. Deutsche Bank lowered their target price on Aggreko from GBX 920 ($12.71) to GBX 875 ($12.09) and set a hold rating for the company in a research report on Monday, February 12th. Finally, Credit Suisse Group reiterated an underperform rating and set a GBX 750 ($10.36) target price on shares of Aggreko in a research report on Wednesday, January 3rd. Five research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of GBX 873.20 ($12.06).
Aggreko (AGK) opened at GBX 717.20 ($9.91) on Wednesday. The company has a market capitalization of $1,820.00 and a P/E ratio of 1,525.96. Aggreko has a 52-week low of GBX 638.60 ($8.82) and a 52-week high of GBX 994.50 ($13.74).
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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