Liberum Capital Reiterates Buy Rating for AA PLC (AA)
AA PLC (LON:AA)‘s stock had its “buy” rating reissued by stock analysts at Liberum Capital in a note issued to investors on Tuesday. They presently have a GBX 375 ($4.89) target price on the stock. Liberum Capital’s price target suggests a potential upside of 35.82% from the stock’s previous close.
Separately, Jefferies Group reissued an “underperform” rating on shares of AA PLC in a research report on Wednesday, September 28th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 371.67 ($4.85).
AA PLC (LON:AA) traded down 2.85% on Tuesday, hitting GBX 276.10. 1,689,922 shares of the company were exchanged. The stock’s market capitalization is GBX 1.68 billion. AA PLC has a 52 week low of GBX 209.50 and a 52 week high of GBX 315.20. The company has a 50 day moving average price of GBX 288.53 and a 200-day moving average price of GBX 271.09.
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In other news, insider Martin C. Clarke purchased 200,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 28th. The shares were bought at an average price of GBX 293 ($3.82) per share, for a total transaction of £586,000 ($764,913.20).
About AA PLC
AA plc (AA) offers roadside assistance service. The Company’s segments include Roadside Assistance, Insurance Services, Driving Services, Ireland, Insurance Underwriting and Head Office costs. The Roadside Assistance segment sends patrols to members stranded at the side of the road and repairs their vehicles.
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