Aldermore Group PLC (LON:ALD) Receives Average Recommendation of “Buy” from Analysts
Shares of Aldermore Group PLC (LON:ALD) have received a consensus recommendation of “Buy” from the thirteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 260.42 ($3.37).
A number of brokerages recently weighed in on ALD. Credit Suisse Group restated a “neutral” rating and set a GBX 225 ($2.91) target price on shares of Aldermore Group PLC in a report on Wednesday, July 5th. Macquarie upgraded shares of Aldermore Group PLC to an “outperform” rating and set a GBX 277 ($3.59) target price on the stock in a report on Wednesday, March 15th. Deutsche Bank AG lifted their price objective on shares of Aldermore Group PLC from GBX 257 ($3.33) to GBX 270 ($3.50) and gave the stock a “buy” rating in a research report on Wednesday, March 15th. Numis Securities Ltd cut shares of Aldermore Group PLC to a “hold” rating and reduced their price objective for the stock from GBX 263 ($3.41) to GBX 233 ($3.02) in a research report on Monday, July 3rd. Finally, BNP Paribas reaffirmed a “neutral” rating and set a GBX 235 ($3.04) price objective on shares of Aldermore Group PLC in a research report on Friday, March 24th.
Aldermore Group PLC (ALD) traded down 3.96% during mid-day trading on Monday, hitting GBX 216.00. 1,012,670 shares of the company traded hands. Aldermore Group PLC has a one year low of GBX 109.55 and a one year high of GBX 260.31. The stock’s market capitalization is GBX 744.64 million. The company’s 50-day moving average is GBX 235.75 and its 200-day moving average is GBX 231.36.
In other news, insider James Mack sold 86,873 shares of the business’s stock in a transaction dated Friday, May 12th. The shares were sold at an average price of GBX 256 ($3.32), for a total value of £222,394.88 ($288,076.27).
Aldermore Group PLC Company Profile
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