AA PLC (AA) Insider Purchases £149.46 in Stock
AA PLC (LON:AA) insider Martin C. Clarke purchased 94 shares of AA PLC stock in a transaction on Wednesday, October 11th. The stock was bought at an average cost of GBX 159 ($2.09) per share, for a total transaction of £149.46 ($196.50).
The company also recently disclosed a dividend, which will be paid on Friday, November 10th. Shareholders of record on Thursday, October 5th will be paid a dividend of GBX 3.60 ($0.05) per share. This represents a yield of 2.12%. The ex-dividend date of this dividend is Thursday, October 5th.
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A number of research firms have recently commented on AA. Berenberg Bank downgraded AA PLC to a “hold” rating and dropped their price objective for the company from GBX 315 ($4.14) to GBX 170 ($2.24) in a report on Thursday. Credit Suisse Group dropped their price objective on AA PLC from GBX 175 ($2.30) to GBX 150 ($1.97) and set an “underperform” rating on the stock in a report on Monday, October 2nd. Liberum Capital reiterated a “buy” rating and issued a GBX 250 ($3.29) price objective on shares of AA PLC in a report on Monday, October 2nd. Jefferies Group LLC dropped their price objective on AA PLC from GBX 150 ($1.97) to GBX 125 ($1.64) and set an “underperform” rating on the stock in a report on Wednesday, September 27th. Finally, Citigroup Inc. reiterated a “buy” rating and issued a GBX 350 ($4.60) price objective on shares of AA PLC in a report on Wednesday, August 2nd. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. AA PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 255.63 ($3.36).
AA PLC Company Profile
AA plc (AA) offers roadside assistance service. The Company’s segments include Roadside Assistance, Insurance Services, Driving Services, Ireland, Insurance Underwriting and Head Office costs. The Roadside Assistance segment sends patrols to members stranded at the side of the road and repairs their vehicles.
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