Credit Suisse Group Reaffirms “Underperform” Rating for Aggreko plc (LON:AGK)
Aggreko plc (LON:AGK)‘s stock had its “underperform” rating reaffirmed by investment analysts at Credit Suisse Group in a report released on Friday.
Other equities research analysts have also recently issued research reports about the stock. HSBC Holdings plc reiterated a “hold” rating and set a GBX 940 ($12.27) target price on shares of Aggreko plc in a research report on Monday, April 10th. Jefferies Group LLC reiterated a “hold” rating and set a GBX 850 ($11.10) target price on shares of Aggreko plc in a research report on Thursday, June 15th. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 881 ($11.50) target price on shares of Aggreko plc in a research report on Friday, April 28th. Barclays PLC dropped their target price on shares of Aggreko plc from GBX 1,050 ($13.71) to GBX 1,020 ($13.32) and set an “overweight” rating for the company in a research report on Friday, April 28th. Finally, Peel Hunt reiterated a “reduce” rating and set a GBX 800 ($10.45) target price on shares of Aggreko plc in a research report on Thursday, April 27th. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 881.17 ($11.51).
Aggreko plc (LON AGK) opened at 840.50 on Friday. The firm has a 50-day moving average of GBX 888.26 and a 200 day moving average of GBX 922.57. Aggreko plc has a 52-week low of GBX 751.00 and a 52-week high of GBX 1,305.00. The company’s market cap is GBX 2.14 billion.
Aggreko plc Company Profile
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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