Aldermore Group’s (ALD) Hold Rating Reaffirmed at Deutsche Bank

Aldermore Group (LON:ALD)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank in a research report issued to clients and investors on Friday. They presently have a GBX 313 ($4.24) price objective on the stock. Deutsche Bank’s price objective points to a potential upside of 0.45% from the stock’s current price.

Several other research analysts have also recently weighed in on ALD. Canaccord Genuity reaffirmed a “hold” rating and issued a GBX 313 ($4.24) price target on shares of Aldermore Group in a report on Monday, November 6th. Citigroup reaffirmed a “neutral” rating on shares of Aldermore Group in a report on Wednesday, December 6th. Shore Capital reaffirmed a “hold” rating on shares of Aldermore Group in a report on Monday, December 11th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 313 ($4.24) price target on shares of Aldermore Group in a report on Friday, December 8th. Finally, Investec reaffirmed a “hold” rating and issued a GBX 313 ($4.24) price target on shares of Aldermore Group in a report on Monday, November 6th. Eleven research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Aldermore Group has a consensus rating of “Hold” and a consensus price target of GBX 289.29 ($3.92).

Aldermore Group (ALD) traded up GBX 0.40 ($0.01) during trading hours on Friday, hitting GBX 311.60 ($4.23). The company’s stock had a trading volume of 171,058 shares, compared to its average volume of 486,919. The stock has a market capitalization of $1,070.00 and a P/E ratio of 1,038.67. Aldermore Group has a 12-month low of GBX 208.40 ($2.83) and a 12-month high of GBX 313 ($4.24).

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Aldermore Group Company Profile

Aldermore Group PLC is an investment holding company. The Company is a lender supporting the United Kingdom small and medium-sized enterprises (SMEs), homeowners and landlords. Its segments include Residential Mortgages, which includes prime residential mortgages targeting underserved segments of borrowers that provide sustainable margins; SME Commercial Mortgages segment, which includes property finance for professional, residential or commercial property investors and owner occupier SMEs; Buy-to-Let segment, which offers Buy-to-Let mortgages for residential units, multi-unit freehold or houses with multiple occupation to both individuals and companies; Asset Finance segment, which includes lease and hire purchase financing for SMEs, and focuses on sectors with returns and liquid secondary asset markets; Invoice Finance segment, which provides the United Kingdom SMEs with working capital solutions through invoice discounting, factoring and asset based lending, and Central Functions.

Analyst Recommendations for Aldermore Group (LON:ALD)

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