Aldermore Group PLC (LON:ALD) Stock Rating Upgraded by Numis Securities Ltd
Aldermore Group PLC (LON:ALD) was upgraded by equities researchers at Numis Securities Ltd to an “add” rating in a research note issued to investors on Friday. The brokerage currently has a GBX 262 ($3.41) price objective on the stock, up from their previous price objective of GBX 233 ($3.03). Numis Securities Ltd’s target price would indicate a potential upside of 21.35% from the stock’s previous close.
ALD has been the subject of several other research reports. Investec increased their price objective on shares of Aldermore Group PLC from GBX 290 ($3.78) to GBX 295 ($3.84) and gave the stock a “buy” rating in a research report on Wednesday, May 17th. Liberum Capital reissued a “buy” rating and set a GBX 275 ($3.58) price objective on shares of Aldermore Group PLC in a research report on Thursday. Shore Capital reissued a “buy” rating on shares of Aldermore Group PLC in a research report on Tuesday, May 23rd. Deutsche Bank AG lowered their price objective on shares of Aldermore Group PLC from GBX 270 ($3.52) to GBX 225 ($2.93) and set a “hold” rating for the company in a research report on Wednesday, July 26th. Finally, Peel Hunt downgraded shares of Aldermore Group PLC to an “add” rating and set a GBX 275 ($3.58) price objective for the company. in a research report on Thursday, May 11th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of GBX 259.08 ($3.37).
Aldermore Group PLC (ALD) traded down 3.62% during trading on Friday, hitting GBX 215.90. 1,343,663 shares of the stock traded hands. The company’s 50 day moving average is GBX 220.53 and its 200 day moving average is GBX 230.16. The company’s market capitalization is GBX 837.52 million. Aldermore Group PLC has a one year low of GBX 130.00 and a one year high of GBX 260.31.
About Aldermore Group PLC
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