Ashcourt Rowan PLC Given New GBX 43 Price Target at UBS AG (ARP)
Equities research analysts at UBS AG raised their price target on shares of Ashcourt Rowan PLC (LON:ARP) from GBX 40 ($0.62) to GBX 43 ($0.67) in a research note issued to investors on Tuesday, AnalystRatings.Net reports. The firm currently has a “buy” rating on the stock. UBS AG’s price target would suggest a potential downside of 75.06% from the company’s current price.
A number of other firms have also recently commented on ARP. Analysts at Sanford C. Bernstein raised their price target on shares of Ashcourt Rowan PLC from GBX 37 ($0.58) to GBX 41 ($0.64) in a research note to investors on Friday, August 16th. They now have a “market perform” rating on the stock. Separately, analysts at Seymour Pierce initiated coverage on shares of Ashcourt Rowan PLC in a research note to investors on Tuesday, July 30th. They set a “buy” rating and a GBX 195 ($3.04) price target on the stock. Finally, analysts at Cantor Fitzgerald initiated coverage on shares of Ashcourt Rowan PLC in a research note to investors on Tuesday, July 30th. They set a “buy” rating and a GBX 195 ($3.04) price target on the stock.
Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Ashcourt Rowan PLC currently has a consensus rating of “Buy” and an average price target of GBX 88.30 ($1.38).
Shares of Ashcourt Rowan PLC (LON:ARP) traded down 0.03% during mid-day trading on Tuesday, hitting GBX 172.44. The stock had a trading volume of 26,098 shares. Ashcourt Rowan PLC has a 1-year low of GBX 143.00 and a 1-year high of GBX 175.00. The stock’s 50-day moving average is GBX 161.8 and its 200-day moving average is GBX 155.3.
Ashcourt Rowan PLC, formerly Syndicate Asset Management plc, is an integrated group of investment management businesses operating across the United Kingdom and Guernsey that are focused on protecting and growing the finances of individuals, families and institutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.