Aggreko plc (AGK) Receives “Hold” Rating from Jefferies Group LLC
Aggreko plc (LON:AGK)‘s stock had its “hold” rating reaffirmed by equities researchers at Jefferies Group LLC in a research note issued to investors on Thursday. They presently have a GBX 850 ($11.18) price objective on the stock. Jefferies Group LLC’s price target indicates a potential downside of 5.08% from the company’s current price.
Several other equities analysts also recently weighed in on the company. Berenberg Bank downgraded Aggreko plc to a “sell” rating and dropped their price target for the stock from GBX 800 ($10.52) to GBX 770 ($10.12) in a research report on Monday, October 2nd. J P Morgan Chase & Co dropped their price target on Aggreko plc from GBX 881 ($11.58) to GBX 867 ($11.40) and set a “neutral” rating for the company in a research report on Thursday, August 3rd. Peel Hunt reissued a “reduce” rating and set a GBX 800 ($10.52) price target on shares of Aggreko plc in a research report on Wednesday, August 2nd. Credit Suisse Group restated an “underperform” rating on shares of Aggreko plc in a report on Friday, July 21st. Finally, Morgan Stanley restated an “underweight” rating on shares of Aggreko plc in a report on Wednesday, July 12th. Six analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. Aggreko plc currently has a consensus rating of “Hold” and a consensus target price of GBX 876.25 ($11.52).
Aggreko plc (AGK) traded up 1.82% during trading on Thursday, reaching GBX 895.50. The company’s stock had a trading volume of 778,940 shares. Aggreko plc has a 52 week low of GBX 751.00 and a 52 week high of GBX 1,070.36. The company’s market capitalization is GBX 2.27 billion. The company has a 50 day moving average price of GBX 899.16 and a 200-day moving average price of GBX 876.88.
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About Aggreko plc
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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