Aggreko plc (AGK) PT Raised to GBX 965
Aggreko plc (LON:AGK) had its target price boosted by equities researchers at Deutsche Bank AG from GBX 945 ($12.43) to GBX 965 ($12.69) in a research note issued to investors on Monday, MarketBeat.com reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank AG’s price objective would suggest a potential upside of 13.20% from the company’s current price.
A number of other brokerages have also recently issued reports on AGK. Jefferies Group LLC raised shares of Aggreko plc to a “buy” rating and lifted their price objective 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 decreased their price objective for the company from GBX 800 ($10.52) to GBX 770 ($10.13) in a research note on Monday, October 2nd. Peel Hunt reissued a “reduce” rating and issued a GBX 800 ($10.52) price objective on shares of Aggreko plc in a research note on Wednesday, August 2nd. Finally, J P Morgan Chase & Co decreased their price objective 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. Six equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 882.91 ($11.61).
Shares of Aggreko plc (AGK) traded down GBX 19 ($0.25) during trading hours on Monday, reaching GBX 852.50 ($11.21). 940,426 shares of the company were exchanged, compared to its average volume of 920,543. Aggreko plc has a fifty-two week low of GBX 776.75 ($10.22) and a fifty-two week high of GBX 1,070.36 ($14.08).
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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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