Aggreko plc Given “Buy” Rating at AlphaValue (AGK)
Aggreko plc (LON:AGK)‘s stock had its “buy” rating restated by equities researchers at AlphaValue in a research report issued on Thursday, Analyst Ratings Net reports. They currently have a GBX 1,990 ($31.93) target price on the stock. AlphaValue’s price target indicates a potential upside of 33.56% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital downgraded shares of Aggreko plc to an “equal weight” rating in a research note to investors on Thursday, October 3rd. They now have a GBX 1,440 ($23.10) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. cut their price target on shares of Aggreko plc from GBX 1,955 ($31.37) to GBX 1,876 ($30.10) in a research note to investors on Friday, September 27th. They now have a “buy” rating on the stock. Finally, analysts at Morgan Stanley initiated coverage on shares of Aggreko plc in a research note to investors on Thursday, September 26th. They set an “underweight” rating and a GBX 1,300 ($20.86) price target on the stock. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,917.08 ($30.76).
Aggreko plc (LON:AGK) traded up 1.98% during mid-day trading on Thursday, hitting GBX 1490.00. The stock had a trading volume of 862,158 shares. Aggreko plc has a 52-week low of GBX 1429.00 and a 52-week high of GBX 2347.00. 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 £3.978 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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