Aggreko plc (AGK) Given “Buy” Rating at Jefferies Group LLC
Aggreko plc (LON:AGK)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Group LLC in a research report issued to clients and investors on Wednesday. They currently have a GBX 1,250 ($16.44) target price on the stock. Jefferies Group LLC’s target price would suggest a potential upside of 43.43% from the company’s previous close.
Other equities research analysts also recently issued reports about the stock. 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 report on Monday. J P Morgan Chase & Co cut their price target on shares of Aggreko plc from GBX 881 ($11.59) to GBX 867 ($11.40) and set a “neutral” rating for the company in a report on Thursday, August 3rd. Peel Hunt reaffirmed a “reduce” rating and set a GBX 800 ($10.52) price objective on shares of Aggreko plc in a research note on Wednesday, August 2nd. Panmure Gordon reaffirmed a “sell” rating and set a GBX 715 ($9.40) price objective on shares of Aggreko plc in a research note on Tuesday. Finally, Berenberg Bank lowered shares of Aggreko plc to a “sell” rating and reduced their price objective for the company from GBX 800 ($10.52) to GBX 770 ($10.13) in a research note on Monday, October 2nd. Six analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 882.91 ($11.61).
Shares of Aggreko plc (LON:AGK) traded up GBX 17.50 ($0.23) during midday trading on Wednesday, reaching GBX 871.50 ($11.46). 819,434 shares of the company’s stock were exchanged, compared to its average volume of 772,463. Aggreko plc has a 52 week low of GBX 775.50 ($10.20) and a 52 week 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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