Ashcourt Rowan PLC Receives Average Rating of “Buy” from Brokerages (LON:ARP)
Shares of Ashcourt Rowan PLC (LON:ARP) have been given an average recommendation of “Buy” by the twelve brokerages that are presently covering the stock, ARN reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 90.75 ($1.53).
Shares of Ashcourt Rowan PLC (LON:ARP) traded down 0.43% on Friday, hitting GBX 191.6667. 3,000 shares of the company’s stock traded hands. Ashcourt Rowan PLC has a 1-year low of GBX 152.00 and a 1-year high of GBX 200.00. The stock has a 50-day moving average of GBX 192.1 and a 200-day moving average of GBX 193.3.
Several analysts have recently commented on the stock. 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. 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.
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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