Ashcourt Rowan PLC Given Consensus Recommendation of “Buy” by Brokerages (LON:ARP)
Shares of Ashcourt Rowan PLC (LON:ARP) have been given an average recommendation of “Buy” by the eleven brokerages that are covering the stock, Stock Ratings News reports. Three analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 77.50 ($1.30).
Several analysts have recently commented on the stock. 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.
Shares of Ashcourt Rowan PLC (LON:ARP) opened at 188.00 on Tuesday. Ashcourt Rowan PLC has a 52 week low of GBX 164.00 and a 52 week high of GBX 200.00. The stock has a 50-day moving average of GBX 191.8 and a 200-day moving average of GBX 192.2.
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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