Aggreko plc Given New GBX 1,700 Price Target at Investec (AGK)
Research analysts at Investec increased their price target on shares of Aggreko plc (LON:AGK) from GBX 1,650 ($27.76) to GBX 1,700 ($28.61) in a report released on Wednesday. The firm currently has a “hold” rating on the stock.
Shares of Aggreko plc (LON:AGK) traded down 0.47% during mid-day trading on Wednesday, hitting GBX 1700.00. 600,324 shares of the company’s stock traded hands. Aggreko plc has a one year low of GBX 1500.96 and a one year high of GBX 1841.76. The stock’s 50-day moving average is GBX 1692. and its 200-day moving average is GBX 1674.. The company’s market cap is £4.304 billion.
The company also recently declared a dividend, which is scheduled for Friday, October 3rd. Investors of record on Wednesday, September 3rd will be given a dividend of GBX 9.38 ($0.16) per share. This represents a dividend yield of 0.54%. The ex-dividend date is Wednesday, September 3rd.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of Aggreko plc from GBX 1,800 ($30.29) to GBX 2,000 ($33.65) in a research note on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at WH Ireland raised their price target on shares of Aggreko plc from GBX 1,800 ($30.29) to GBX 1,850 ($31.13) in a research note on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Aggreko plc in a research note on Tuesday, July 29th. They now have a GBX 1,700 ($28.61) price target on the stock. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Aggreko plc presently has a consensus rating of “Hold” and a consensus target price of GBX 1,688.32 ($28.41).
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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