Liberum Capital Reiterates Hold Rating for Aggreko plc (AGK)
Aggreko plc (LON:AGK)‘s stock had its “hold” rating reissued by equities research analysts at Liberum Capital in a research note issued to investors on Tuesday. They currently have a GBX 1,822.85 ($30.25) target price on the stock. Liberum Capital’s price objective points to a potential upside of 7.23% from the stock’s previous close.
Shares of Aggreko plc (LON:AGK) opened at 1715.0801 on Tuesday. Aggreko plc has a 1-year low of GBX 1501.354 and a 1-year high of GBX 1841.7589. The stock’s 50-day moving average is GBX 1724. and its 200-day moving average is GBX 1677.. The company’s market cap is £4.342 billion.
The company also recently announced a dividend, which is scheduled for Friday, October 3rd. Stockholders of record on Wednesday, September 3rd will be paid 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.
A number of other firms have also recently commented on AGK. Analysts at Morgan Stanley raised their price target on shares of Aggreko plc from GBX 1,300 ($21.57) to GBX 1,350 ($22.40) in a research note on Thursday, August 7th. They now have an “underweight” rating on the stock. Separately, analysts at Beaufort Securities reiterated a “buy” rating on shares of Aggreko plc in a research note on Wednesday, August 6th. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Aggreko plc in a research note on Wednesday, August 6th. They now have a GBX 1,400 ($23.23) price target on the stock. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 1,653.75 ($27.44).
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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