AA PLC (AA) Receives Consensus Recommendation of “Buy” from Analysts
Shares of AA PLC (LON:AA) have received an average rating of “Buy” from the seven brokerages that are currently covering the company. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 340.83 ($4.40).
AA has been the topic of several analyst reports. Liberum Capital lowered their price target on shares of AA PLC from GBX 375 ($4.84) to GBX 340 ($4.39) and set a “buy” rating on the stock in a report on Friday, January 20th. Berenberg Bank reissued a “buy” rating and set a GBX 315 ($4.07) price objective on shares of AA PLC in a report on Thursday, February 9th. Jefferies Group LLC restated an “underperform” rating on shares of AA PLC in a report on Wednesday, March 29th. Credit Suisse Group AG initiated coverage on shares of AA PLC in a research note on Tuesday, May 9th. They set a “neutral” rating and a GBX 275 ($3.55) price target for the company. Finally, Citigroup Inc reaffirmed a “buy” rating and set a GBX 385 ($4.97) price target on shares of AA PLC in a research note on Wednesday, March 29th.
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AA PLC (LON:AA) traded up 0.73% during trading on Friday, reaching GBX 247.00. 974,906 shares of the company’s stock were exchanged. AA PLC has a 52 week low of GBX 209.50 and a 52 week high of GBX 309.00. The company’s 50 day moving average price is GBX 262.41 and its 200-day moving average price is GBX 263.34. The stock’s market capitalization is GBX 1.50 billion.
The company also recently announced a dividend, which will be paid on Tuesday, June 13th. Stockholders of record on Thursday, May 11th will be issued a dividend of GBX 5.70 ($0.07) per share. This represents a dividend yield of 2.16%. The ex-dividend date of this dividend is Thursday, May 11th.
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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