Aggreko plc (AGK) Receives Average Recommendation of “Hold” from Brokerages
Shares of Aggreko plc (LON:AGK) have received an average recommendation of “Hold” from the twelve brokerages that are covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 882.91 ($11.97).
A number of equities analysts have issued reports on the company. Deutsche Bank lifted their price target on Aggreko from GBX 945 ($12.82) to GBX 965 ($13.09) and gave the company a “hold” rating in a research note on Monday, November 20th. Credit Suisse Group reiterated an “underperform” rating and set a GBX 750 ($10.17) price target on shares of Aggreko in a research note on Wednesday, January 3rd. Berenberg Bank downgraded Aggreko to a “sell” rating and cut their price target for the company from GBX 800 ($10.85) to GBX 770 ($10.44) in a research note on Monday, October 2nd. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 867 ($11.76) price target on shares of Aggreko in a research note on Wednesday, November 22nd. Finally, Barclays cut their price target on Aggreko from GBX 1,030 ($13.97) to GBX 955 ($12.95) and set an “overweight” rating for the company in a research note on Wednesday, November 22nd.
Shares of Aggreko (AGK) opened at GBX 812.80 ($11.02) on Friday. Aggreko has a 52-week low of GBX 752.50 ($10.20) and a 52-week high of GBX 1,070.36 ($14.52). The firm has a market capitalization of $2,040.00 and a price-to-earnings ratio of 1,729.36.
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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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