Aggreko plc (AGK) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Aggreko plc (LON:AGK) have been assigned an average rating of “Hold” from the thirteen analysts that are presently covering the company. Four analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 873.67 ($11.28).
AGK has been the topic of a number of research analyst reports. Deutsche Bank AG restated a “buy” rating and set a GBX 1,000 ($12.91) price target on shares of Aggreko plc in a research note on Tuesday, January 17th. HSBC Holdings plc restated a “hold” rating and set a GBX 940 ($12.14) price target on shares of Aggreko plc in a research note on Monday, April 10th. Berenberg Bank restated a “hold” rating and set a GBX 815 ($10.52) price target on shares of Aggreko plc in a research note on Thursday, February 9th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 881 ($11.38) price target on shares of Aggreko plc in a research note on Friday, April 28th. Finally, Barclays PLC dropped their target price on Aggreko plc from GBX 1,050 ($13.56) to GBX 1,020 ($13.17) and set an “overweight” rating on the stock in a research report on Friday, April 28th.
In other Aggreko plc news, insider Chris Weston sold 31,995 shares of the company’s stock in a transaction that occurred on Monday, April 3rd. The stock was sold at an average price of GBX 885 ($11.43), for a total value of £283,155.75 ($365,598.13). Also, insider Bruce Pool sold 1,969 shares of the company’s stock in a transaction that occurred on Tuesday, April 18th. The stock was sold at an average price of GBX 859 ($11.09), for a total value of £16,913.71 ($21,838.23).
Shares of Aggreko plc (LON:AGK) opened at 841.50 on Wednesday. The company’s 50-day moving average is GBX 880.99 and its 200 day moving average is GBX 910.51. Aggreko plc has a 12 month low of GBX 751.00 and a 12 month high of GBX 1,305.00. The stock’s market capitalization is GBX 2.15 billion.
The business also recently disclosed a dividend, which will be paid on Wednesday, May 24th. Shareholders of record on Thursday, April 20th will be given a GBX 17.74 ($0.23) dividend. This represents a yield of 1.93%. The ex-dividend date is Thursday, April 20th. This is a positive change from Aggreko plc’s previous dividend of $9.38.
About Aggreko plc
Aggreko plc is a United Kingdom-based company, which is a provider of modular, mobile power and related solutions. The Company’s segments include Power Solutions and Rental Solutions. The Power Solutions segment provides solutions for power requirements. The Power Solutions segment has two businesses: utility and industrial.
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