Aggreko plc (AGK) Rating Reiterated by Peel Hunt
Aggreko plc (LON:AGK)‘s stock had its “reduce” rating reissued by analysts at Peel Hunt in a research report issued to clients and investors on Tuesday. They presently have a GBX 800 ($10.52) target price on the stock. Peel Hunt’s target price points to a potential downside of 7.19% from the company’s current price.
A number of other brokerages have also recently commented on AGK. J P Morgan Chase & Co dropped their price target on shares of Aggreko plc from GBX 881 ($11.59) to GBX 867 ($11.40) and set a “neutral” rating on the stock in a research note on Thursday, August 3rd. Jefferies Group LLC upgraded shares of Aggreko plc to a “buy” rating and upped their price target for the company from GBX 850 ($11.18) to GBX 1,250 ($16.44) in a research note on Monday, November 13th. Berenberg Bank cut shares of Aggreko plc to a “sell” rating and dropped their price target for the company from GBX 800 ($10.52) to GBX 770 ($10.13) in a research note on Monday, October 2nd. Finally, Deutsche Bank AG upped their price target on shares of Aggreko plc from GBX 945 ($12.43) to GBX 965 ($12.69) and gave the company a “hold” rating in a research note on Monday. Six investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. Aggreko plc presently has a consensus rating of “Hold” and an average price target of GBX 888.82 ($11.69).
Shares of Aggreko plc (LON AGK) traded down GBX 108 ($1.42) during mid-day trading on Tuesday, hitting GBX 862 ($11.34). 3,185,069 shares of the company were exchanged, compared to its average volume of 772,463. Aggreko plc has a 12 month low of GBX 775.50 ($10.20) and a 12 month high of GBX 1,070.36 ($14.08).
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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