AA (AA) PT Lowered to GBX 125 at Credit Suisse Group

AA (LON:AA) had its target price dropped by stock analysts at Credit Suisse Group from GBX 140 ($1.93) to GBX 125 ($1.73) in a research report issued on Friday. The firm presently has an “underperform” rating on the stock. Credit Suisse Group’s target price suggests a potential upside of 6.75% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. Liberum Capital reissued a “buy” rating and set a GBX 250 ($3.45) price target on shares of AA in a research report on Thursday. Berenberg Bank cut shares of AA to a “hold” rating and reduced their price target for the stock from GBX 315 ($4.35) to GBX 170 ($2.35) in a research report on Thursday, October 12th. Finally, Barclays reduced their price target on shares of AA from GBX 270 ($3.73) to GBX 200 ($2.76) and set an “overweight” rating on the stock in a research report on Thursday, January 18th. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. AA has an average rating of “Hold” and an average price target of GBX 203.33 ($2.81).

Shares of AA (LON:AA) traded down GBX 2.20 ($0.03) during mid-day trading on Friday, reaching GBX 117.10 ($1.62). 6,425,431 shares of the company’s stock were exchanged, compared to its average volume of 3,910,000. The company has a market capitalization of $732.78 and a PE ratio of 731.88. AA has a 1 year low of GBX 115.85 ($1.60) and a 1 year high of GBX 274.20 ($3.79).

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About AA

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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