Aggreko plc Stock Rating Lowered by Barclays Capital (AGK)
Aggreko plc (LON:AGK) was downgraded by research analysts at Barclays Capital to an “equal weight” rating in a report released on Thursday, StockRatingsNetwork reports. They currently have a GBX 1,440 ($23.23) price target on the stock. Barclays Capital’s price objective points to a potential downside of 4.51% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs Group Inc. cut their price target on shares of Aggreko plc (LON:AGK) from GBX 1,955 ($31.54) to GBX 1,876 ($30.27) in a research note to investors on Friday, September 27th. They now have a “buy” rating on the stock. Separately, analysts at Morgan Stanley initiated coverage on shares of Aggreko plc (LON:AGK) in a research note to investors on Thursday, September 26th. They set an “underweight” rating and a GBX 1,300 ($20.97) price target on the stock. Finally, analysts at AlphaValue reiterated a “buy” rating on shares of Aggreko plc (LON:AGK) in a research note to investors on Thursday, September 26th. They now have a GBX 2,001 ($32.28) price target on the stock. Two research analysts have rated the stock with a sell rating, six have given a hold rating and fifteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of GBX 1,917.65 ($30.94).
Shares of Aggreko plc (LON:AGK) opened at 1502.00 on Thursday. Aggreko plc has a one year low of GBX 1536.00 and a one year high of GBX 2374.00. The stock has a 50-day moving average of GBX 1633. and a 200-day moving average of GBX 1734.. The company’s market cap is £4.010 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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