Ashcourt Rowan PLC Receives Average Rating of “Buy” from Analysts (LON:ARP)
Shares of Ashcourt Rowan PLC (LON:ARP) have been given an average recommendation of “Buy” by the eleven ratings firms that are currently covering the stock, Analyst Ratings News reports. Three investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 77.50 ($1.30).
Ashcourt Rowan PLC (LON:ARP) traded down 1.57% on Tuesday, hitting GBX 188.00. 6,539 shares of the company’s stock traded hands. Ashcourt Rowan PLC has a 52 week low of GBX 188.00 and a 52 week high of GBX 200.00. The stock’s 50-day moving average is GBX 192.0 and its 200-day moving average is GBX 192.3.
ARP has been the subject of a number of recent research reports. Analysts at BMO Capital Markets upgraded shares of Ashcourt Rowan PLC to a “market perform” rating in a research note on Tuesday, July 15th. Separately, analysts at N+1 Singer raised their price target on shares of Ashcourt Rowan PLC from GBX 231 ($3.89) to GBX 242 ($4.07) in a research note on Wednesday, July 2nd. They now have a “buy” rating on the stock. Finally, analysts at Johnson Rice reiterated an “overweight” rating on shares of Ashcourt Rowan PLC in a research note on Tuesday, June 3rd.
Ashcourt Rowan plc is a wealth management company in the United Kingdom. The Company provides personalized financial planning and investment management advice to private and corporate clients, trusts, pension funds and charities throughout the United Kingdom.
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