AA (AA) Given “Buy” Rating at Liberum Capital

AA (LON:AA)‘s stock had its “buy” rating reissued by investment analysts at Liberum Capital in a research report issued on Thursday. They currently have a GBX 250 ($3.35) price objective on the stock. Liberum Capital’s price target indicates a potential upside of 65.56% from the company’s current price.

AA has been the topic of several other reports. Jefferies Group dropped their target price on shares of AA from GBX 150 ($2.01) to GBX 125 ($1.67) and set an “underperform” rating on the stock in a report on Wednesday, September 27th. Barclays reiterated an “overweight” rating and set a GBX 270 ($3.62) target price on shares of AA in a report on Wednesday, August 2nd. Credit Suisse Group dropped their target price on shares of AA from GBX 175 ($2.34) to GBX 150 ($2.01) and set an “underperform” rating on the stock in a report on Monday, October 2nd. Citigroup reiterated a “buy” rating and set a GBX 350 ($4.69) target price on shares of AA in a report on Wednesday, August 2nd. Finally, Berenberg Bank cut shares of AA to a “hold” rating and dropped their target price for the stock from GBX 315 ($4.22) to GBX 170 ($2.28) in a report on Thursday, October 12th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. AA currently has an average rating of “Hold” and a consensus price target of GBX 219.17 ($2.94).

AA (LON:AA) traded up GBX 0.30 ($0.00) during midday trading on Thursday, hitting GBX 151 ($2.02). 3,902,828 shares of the stock were exchanged, compared to its average volume of 3,270,000. AA has a 12-month low of GBX 147.50 ($1.98) and a 12-month high of GBX 284.40 ($3.81).

In other AA news, insider Martin C. Clarke bought 100,000 shares of the company’s stock in a transaction on Thursday, September 28th. The shares were bought at an average cost of GBX 166 ($2.22) per share, for a total transaction of £166,000 ($222,311.50). Over the last quarter, insiders have acquired 100,280 shares of company stock worth $16,645,078.

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AA 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.

Analyst Recommendations for AA (LON:AA)

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