Aldermore Group PLC (ALD) Given Average Recommendation of “Buy” by Brokerages
Aldermore Group PLC (LON:ALD) has been assigned an average rating of “Buy” from the thirteen research firms that are presently covering the firm. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 193 ($2.35).
Several research analysts recently commented on the stock. Deutsche Bank AG restated a “buy” rating and issued a GBX 188 ($2.29) price target on shares of Aldermore Group PLC in a report on Thursday. Barclays PLC upgraded shares of Aldermore Group PLC to an “overweight” rating and raised their price target for the company from GBX 150 ($1.83) to GBX 200 ($2.44) in a report on Tuesday, October 4th. Royal Bank Of Canada raised their price target on shares of Aldermore Group PLC from GBX 175 ($2.13) to GBX 190 ($2.32) and gave the company a “sector performer” rating in a report on Friday, September 23rd. JPMorgan Chase & Co. raised their price target on shares of Aldermore Group PLC from GBX 165 ($2.01) to GBX 200 ($2.44) and gave the company a “neutral” rating in a report on Tuesday, September 20th. Finally, Peel Hunt restated a “hold” rating and issued a GBX 145 ($1.77) price target on shares of Aldermore Group PLC in a report on Wednesday, September 14th.
Aldermore Group PLC (LON:ALD) traded down 1.21% during mid-day trading on Monday, reaching GBX 163.80. 957,374 shares of the company traded hands. Aldermore Group PLC has a 52-week low of GBX 102.00 and a 52-week high of GBX 293.00. The stock’s market capitalization is GBX 564.68 million. The firm’s 50-day moving average is GBX 172.02 and its 200 day moving average is GBX 170.94.
About Aldermore Group PLC
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