AA (AA) Hits New 12-Month Low at $61.50
Shares of AA PLC (LON:AA) reached a new 52-week low on Wednesday . The company traded as low as GBX 61.50 ($0.80) and last traded at GBX 61.85 ($0.81), with a volume of 1395426 shares changing hands. The stock had previously closed at GBX 66.30 ($0.87).
A number of analysts have weighed in on AA shares. Jefferies Financial Group reissued an “underperform” rating on shares of AA in a research report on Tuesday, April 9th. Liberum Capital reaffirmed a “buy” rating on shares of AA in a research report on Thursday, February 7th. Peel Hunt reaffirmed a “buy” rating on shares of AA in a research report on Tuesday, April 30th. Finally, Berenberg Bank reaffirmed a “sell” rating and set a GBX 65 ($0.85) price objective on shares of AA in a research report on Thursday, April 4th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. AA presently has an average rating of “Hold” and a consensus target price of GBX 106.25 ($1.39).
The stock has a market cap of $379.65 million and a PE ratio of 8.96.
In other AA news, insider Simon Breakwell purchased 96,444 shares of AA stock in a transaction that occurred on Tuesday, May 7th. The stock was acquired at an average price of GBX 74 ($0.97) per share, with a total value of £71,368.56 ($93,255.66).
AA Company Profile (LON:AA)
AA plc provides roadside assistance, insurance, and driving services in the United Kingdom. It operates through two segments, Roadside and Insurance. The company offers breakdowns cover for cars, motorcycles, caravans, vans, campervans, and towing; car, motorbike, van, and caravan insurance; and loans, savings, mortgage, travel currency card, insurance, and credit card products.
Read More: Quiet Period Expirations
Receive News & Ratings for AA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AA and related companies with MarketBeat.com's FREE daily email newsletter.