Investec Reiterates Hold Rating for Aggreko plc (AGK)
Aggreko plc (LON:AGK)‘s stock had its “hold” rating restated by analysts at Investec in a research report issued to clients and investors on Monday, ARN reports.
A number of other firms have also recently commented on AGK. Analysts at Jefferies Group reiterated a “hold” rating on shares of Aggreko plc in a research note to investors on Monday, October 28th. They now have a GBX 1,500 ($24.27) price target on the stock. Separately, analysts at WH Ireland downgraded shares of Aggreko plc to an “outperform” rating in a research note to investors on Monday, October 28th. They now have a GBX 1,700 ($27.50) price target on the stock, down previously from GBX 2,050 ($33.17). Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Aggreko plc in a research note to investors on Monday, October 28th. They now have a GBX 1,870 ($30.25) price target on the stock. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 1,776.36 ($28.74).
Aggreko plc (LON:AGK) traded down 0.81% during mid-day trading on Monday, hitting GBX 1584.00. 809,944 shares of the company’s stock traded hands. Aggreko plc has a 1-year low of GBX 1428.63 and a 1-year high of GBX 2281.00. The stock’s 50-day moving average is GBX 1541. and its 200-day moving average is GBX 1670.. The company’s market cap is £4.229 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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