Aggreko plc Price Target Lowered to GBX 1,870 at Deutsche Bank (AGK)
Investment analysts at Deutsche Bank decreased their price objective on shares of Aggreko plc (LON:AGK) from GBX 2,100 ($32.83) to GBX 1,870 ($29.24) in a note issued to investors on Thursday, AnalystRatings.Net reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price would suggest a potential upside of 13.26% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “hold” rating on shares of Aggreko plc (LON:AGK) in a research note to investors on Wednesday, August 28th. Separately, analysts at RBC Capital cut their price target on shares of Aggreko plc (LON:AGK) from GBX 1,850 ($28.92) to GBX 1,680 ($26.27) in a research note to investors on Thursday, August 22nd. They now have a “sector performer” rating on the stock. Finally, analysts at Westhouse Securities reiterated a “buy” rating on shares of Aggreko plc (LON:AGK) in a research note to investors on Thursday, August 22nd. They now have a GBX 2,502 ($39.12) price target on the stock.
Six investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of GBX 2,040.21 ($31.90).
Aggreko plc (LON:AGK) traded down 2.48% during mid-day trading on Thursday, hitting GBX 1610.00. The stock had a trading volume of 1,043,700 shares. The stock has a 50-day moving average of GBX 1666.81 and a 200-day moving average of GBX 1739.. The company’s market cap is £4.299 billion.
Aggreko plc (LON:AGK) provides power and temperature control solutions to customers who need them either very quickly, or for a short or indeterminate length of time.
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