Aggreko plc Given “Buy” Rating at Citigroup Inc. (AGK)
Aggreko plc (LON:AGK)‘s stock had its “buy” rating reiterated by equities research analysts at Citigroup Inc. in a research note issued to investors on Wednesday. They currently have a GBX 2,000 ($34.24) price target on the stock. Citigroup Inc.’s price objective suggests a potential upside of 15.07% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Aggreko plc in a research note on Tuesday. They now have a GBX 1,891 ($32.37) price target on the stock. Separately, 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. Finally, 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. Five analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have issued a buy rating to the company. Aggreko plc has an average rating of “Hold” and an average target price of GBX 1,701.48 ($29.13).
Shares of Aggreko plc (LON:AGK) traded up 3.64% during mid-day trading on Wednesday, hitting GBX 1737.9999. 804,438 shares of the company’s stock traded hands. 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 1663. and its 200-day moving average is GBX 1680.. The company’s market cap is £4.428 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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