AGL Energy Ltd Given “Neutral” Rating at Macquarie (AGK)
AGL Energy Ltd (ASX:AGK)‘s stock had its “neutral” rating restated by equities research analysts at Macquarie in a research note issued to investors on Friday, Stock Ratings Network.com reports.
A number of other firms have also recently commented on AGK. Analysts at Morningstar raised their price target on shares of AGL Energy Ltd from $14.57 to $16.00 in a research note to investors on Thursday, December 26th. They now have a “fair value” rating on the stock. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of A$233.00 ($206.19).
Shares of AGL Energy Ltd (ASX:AGK) traded down 0.33% during mid-day trading on Friday, hitting A$14.970. 503,377 shares of the company’s stock traded hands. AGL Energy Ltd has a 52 week low of A$13.850 and a 52 week high of A$16.600. The stock’s 50-day moving average is A$15.00 and its 200-day moving average is A$14.9. The company has a market cap of A$8.297 billion and a price-to-earnings ratio of 21.27.
AGL Energy Limited (ASX:AGK) is engaged in buying and selling of gas and electricity; construction and/or operation of power generation and energy processing infrastructure; development of natural gas production and storage facilities, and exploration, extraction, production and sale of coal seam gas (CSG).
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