Aggreko plc Receives Buy Rating from Jefferies Group (AGK)
Aggreko plc (LON:AGK)‘s stock had its “buy” rating restated by equities researchers at Jefferies Group in a research report issued on Tuesday. They currently have a GBX 1,891 ($32.37) target price on the stock. Jefferies Group’s target price indicates a potential upside of 12.76% from the stock’s previous close.
A number of other analysts have also recently weighed in on AGK. Analysts at RBC Capital reiterated a “sector performer” rating on shares of Aggreko plc in a research note on Tuesday, July 8th. They now have a GBX 1,700 ($29.10) price target on the stock. Separately, analysts at Credit Suisse raised their price target on shares of Aggreko plc from GBX 1,470.89 ($25.18) to GBX 1,471 ($25.18) in a research note on Monday, June 30th. They now have an “underperform” rating on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Aggreko plc in a research note on Thursday, June 19th. They now have a GBX 1,735 ($29.70) price target on the stock. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 1,701.48 ($29.13).
Shares of Aggreko plc (LON:AGK) traded down 0.47% during mid-day trading on Tuesday, hitting GBX 1677.00. 501,585 shares of the company’s stock traded hands. Aggreko plc has a one year low of GBX 1501.354 and a one year high of GBX 1933.165. The stock’s 50-day moving average is GBX 1665. and its 200-day moving average is GBX 1681.. The company’s market cap is £4.273 billion.
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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