Aggreko plc (AGK) Receives Consensus Rating of “Hold” from Brokerages
Aggreko plc (LON:AGK) has been given a consensus rating of “Hold” by the thirteen ratings firms that are covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 887.73 ($11.78).
A number of brokerages have issued reports on AGK. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 800 ($10.61) target price on shares of Aggreko plc in a report on Wednesday, August 2nd. Credit Suisse Group reiterated an “underperform” rating on shares of Aggreko plc in a research report on Friday, July 21st. J P Morgan Chase & Co decreased their price target on Aggreko plc from GBX 881 ($11.69) to GBX 867 ($11.50) and set a “neutral” rating on the stock in a research note on Thursday, August 3rd. Jefferies Group LLC reissued a “hold” rating and set a GBX 850 ($11.27) price target on shares of Aggreko plc in a research note on Thursday, June 15th. Finally, Morgan Stanley restated an “underweight” rating on shares of Aggreko plc in a report on Wednesday, July 12th.
Aggreko plc (LON:AGK) opened at 898.50 on Wednesday. Aggreko plc has a 52-week low of GBX 751.00 and a 52-week high of GBX 1,070.36. The stock’s market cap is GBX 2.28 billion. The stock has a 50 day moving average price of GBX 887.96 and a 200 day moving average price of GBX 876.66.
The business also recently announced a dividend, which will be paid on Friday, October 6th. Shareholders of record on Thursday, September 7th will be issued a dividend of GBX 9.38 ($0.12) per share. This represents a yield of 1.1%. The ex-dividend date of this dividend is Thursday, September 7th.
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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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