Aldermore Group PLC (ALD) Given Average Rating of “Buy” by Brokerages
Aldermore Group PLC (LON:ALD) has earned a consensus rating of “Buy” from the thirteen analysts that are 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 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 262.92 ($3.39).
A number of research analysts recently commented on the company. Investec boosted their price target on Aldermore Group PLC from GBX 290 ($3.74) to GBX 295 ($3.81) and gave the stock a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. boosted their price target on Aldermore Group PLC from GBX 270 ($3.49) to GBX 275 ($3.55) and gave the stock a “neutral” rating in a report on Friday, May 12th. Numis Securities Ltd reissued an “add” rating and issued a GBX 263 ($3.39) price target on shares of Aldermore Group PLC in a report on Thursday, May 11th. Peel Hunt cut Aldermore Group PLC to an “add” rating and set a GBX 275 ($3.55) price target on the stock. in a report on Thursday, May 11th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 275 ($3.55) price target on shares of Aldermore Group PLC in a report on Thursday, May 11th.
ILLEGAL ACTIVITY NOTICE: This article was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another site, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/05/19/aldermore-group-plc-ald-given-average-rating-of-buy-by-brokerages.html.
In other news, insider James Mack sold 86,873 shares of the company’s stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of GBX 256 ($3.30), for a total transaction of £222,394.88 ($287,072.26).
About Aldermore Group PLC
Receive News & Ratings for Aldermore Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aldermore Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.