Credit Suisse Reiterates “Underperform” Rating for Aggreko plc (AGK)
Aggreko plc (LON:AGK)‘s stock had its “underperform” rating reiterated by stock analysts at Credit Suisse in a report issued on Friday, Stock Ratings Network.com reports. They currently have a GBX 1,400 ($23.46) price target on the stock. Credit Suisse’s price target points to a potential downside of 14.06% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of Aggreko plc in a research note on Friday, January 31st. They now have a GBX 1,500 ($25.14) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of Aggreko plc in a research note on Tuesday, January 28th. They now have a GBX 1,680 ($28.15) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Aggreko plc in a research note on Wednesday, January 22nd. They now have a GBX 1,542 ($25.84) price target on the stock. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have given a buy rating to the stock. Aggreko plc presently has an average rating of “Hold” and an average target price of GBX 1,682.70 ($28.20).
Shares of Aggreko plc (LON:AGK) traded up 0.12% on Friday, hitting GBX 1629.0001. 482,831 shares of the company’s stock traded hands. Aggreko plc has a one year low of GBX 1429.00 and a one year high of GBX 2034.00. The stock has a 50-day moving average of GBX 1643. and a 200-day moving average of GBX 1606.. The company’s market cap is £4.349 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.