Aggreko plc Downgraded to “Neutral” at RBC Capital (AGK)
Aggreko plc (LON:AGK) was downgraded by equities research analysts at RBC Capital to a “neutral” rating in a research note issued to investors on Thursday. They currently have a GBX 1,700 ($28.58) price objective on the stock. RBC Capital’s price objective points to a potential upside of 2.60% from the stock’s previous close.
Shares of Aggreko plc (LON:AGK) traded down 0.91% during mid-day trading on Thursday, hitting GBX 1642.00. The stock had a trading volume of 233,230 shares. Aggreko plc has a 52 week low of GBX 1501.354 and a 52 week high of GBX 1933.165. The stock’s 50-day moving average is GBX 1717. and its 200-day moving average is GBX 1688.. The company’s market cap is £4.184 billion.
A number of other analysts have also recently weighed in on AGK. Analysts at Oriel Securities Ltd reiterated a “reduce” rating on shares of Aggreko plc in a research note on Monday. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Aggreko plc in a research note on Monday. They now have a GBX 1,822.85 ($30.65) price target on the stock. Finally, analysts at Panmure Gordon downgraded shares of Aggreko plc to a “hold” rating in a research note on Monday. They now have a GBX 1,748 ($29.39) price target on the stock. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have issued a buy rating to the stock. Aggreko plc has a consensus rating of “Hold” and an average price target of GBX 1,698.25 ($28.55).
Aggreko plc (LON:AGK) provides power and temperature control solutions to customers who need them either quickly, or for a limited period of time.
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