Aggreko (LON:AGK) Rating Reiterated by UBS Group
Aggreko (LON:AGK)‘s stock had its “sell” rating reissued by analysts at UBS Group in a report released on Tuesday, ThisIsMoney.Co.Uk reports.
Several other research analysts have also issued reports on AGK. Peel Hunt restated a “reduce” rating on shares of Aggreko in a research report on Monday. Barclays dropped their target price on Aggreko from GBX 820 ($10.79) to GBX 780 ($10.26) and set an “equal weight” rating for the company in a research report on Thursday, March 5th. Royal Bank of Canada dropped their target price on Aggreko from GBX 1,000 ($13.15) to GBX 960 ($12.63) and set an “outperform” rating for the company in a research report on Monday, November 25th. HSBC restated a “buy” rating and set a GBX 1,050 ($13.81) target price on shares of Aggreko in a research report on Monday, January 13th. Finally, Berenberg Bank boosted their target price on Aggreko from GBX 600 ($7.89) to GBX 650 ($8.55) and gave the company a “sell” rating in a research report on Monday, January 27th. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 846.67 ($11.14).
Shares of LON:AGK opened at GBX 470 ($6.18) on Tuesday. Aggreko has a 1 year low of GBX 533.20 ($7.01) and a 1 year high of GBX 881 ($11.59). The business has a 50 day simple moving average of GBX 632.23 and a two-hundred day simple moving average of GBX 772.48. The firm has a market capitalization of $1.08 billion and a PE ratio of 9.27. The company has a debt-to-equity ratio of 49.37, a current ratio of 1.92 and a quick ratio of 1.37.
Aggreko Company Profile
Aggreko Plc supplies modular, mobile power, heating, cooling, and related services worldwide. The company operates in three segments: Rental Solutions, Power Solutions Industrial, and Power Solutions Utility. It offers power generation products, including diesel generators, G3+ generators, and gas generators, as well as Solar-diesel hybrid power plants; cooling systems, such as cooling towers, chillers, heat exchangers, and air handlers and conditioners; and desiccant and refrigerated dehumidifiers to prevent metal corrosion, aid processes, preserve equipment on cold stacked offshore rigs, reduce mold and mildew growth during production processes, and dry out water-damaged buildings, as well as to reduce drying times for concrete, insulation, and fireproofing.
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