AGL Energy Ltd Receives “Neutral” Rating from Macquarie (AGK)
AGL Energy Ltd (ASX:AGK)‘s stock had its “neutral” rating restated by investment analysts at Macquarie in a note issued to investors on Sunday, StockRatingsNetwork reports.
Several other analysts have also recently commented on the stock. 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 issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of A$233.00 ($208.04).
Shares of AGL Energy Ltd (ASX:AGK) opened at 15.090 on Friday. AGL Energy Ltd has a 1-year low of A$13.850 and a 1-year high of A$16.600. The stock has a 50-day moving average of A$15.00 and a 200-day moving average of A$14.9. The company has a market cap of A$8.363 billion and a price-to-earnings ratio of 21.36.
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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