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Research analysts at N+1 Singer initiated coverage on shares of Ashcourt Rowan PLC (LON:ARP) in a report released on Friday, ARN reports. The firm set a “buy” rating and a GBX 231 ($3.89) price target on the stock. N+1 Singer’s target price points to a potential upside of 20.52% from the company’s current price.

Separately, analysts at N 1 Singer initiated coverage on shares of Ashcourt Rowan PLC in a research note on Friday. They set a “buy” rating and a GBX 231 ($3.89) price target on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company. Ashcourt Rowan PLC currently has an average rating of “Buy” and a consensus target price of GBX 90.75 ($1.53).

Ashcourt Rowan PLC (LON:ARP) opened at 191.6667 on Friday. Ashcourt Rowan PLC has a 1-year low of GBX 152.00 and a 1-year high of GBX 200.00. The stock’s 50-day moving average is GBX 192.1 and its 200-day moving average is GBX 193.3.

Ashcourt Rowan PLC, formerly Syndicate Asset Management plc, is an integrated group of investment management businesses operating across the United Kingdom and Guernsey that are focused on protecting and growing the finances of individuals, families and institutions.

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