Aston Martin Lagonda Global (LON:AML) was downgraded by Credit Suisse Group to a “neutral” rating in a research report issued on Wednesday, ThisIsMoney.Co.Uk reports. They currently have a GBX 529 ($6.91) price target on the stock, down from their previous price target of GBX 1,630 ($21.30). Credit Suisse Group’s price objective would suggest a potential upside of 9.50% from the stock’s current price.
A number of other research firms have also weighed in on AML. JPMorgan Chase & Co. restated an “overweight” rating on shares of Aston Martin Lagonda Global in a research note on Monday, June 17th. Sanford C. Bernstein upgraded shares of Aston Martin Lagonda Global to an “outperform” rating in a research note on Monday, May 20th. Numis Securities restated a “buy” rating and set a GBX 1,750 ($22.87) price objective on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 8th. Jefferies Financial Group restated a “hold” rating and set a GBX 1,000 ($13.07) price objective on shares of Aston Martin Lagonda Global in a research note on Monday, July 29th. Finally, Deutsche Bank restated a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Friday, June 21st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. Aston Martin Lagonda Global presently has a consensus rating of “Hold” and a consensus target price of GBX 1,186.78 ($15.51).
Shares of Aston Martin Lagonda Global stock opened at GBX 483.10 ($6.31) on Wednesday. The company has a market cap of $1.13 billion and a price-to-earnings ratio of -7.83. The company has a debt-to-equity ratio of 249.81, a quick ratio of 0.38 and a current ratio of 0.66. Aston Martin Lagonda Global has a 1 year low of GBX 440.50 ($5.76) and a 1 year high of GBX 1,915 ($25.02). The stock has a 50-day simple moving average of GBX 803.65.
In related news, insider Penny Hughes purchased 5,474 shares of Aston Martin Lagonda Global stock in a transaction dated Monday, June 3rd. The stock was purchased at an average cost of GBX 876 ($11.45) per share, for a total transaction of £47,952.24 ($62,658.09). Also, insider Najeeb Al Humaidhi sold 4,053,950 shares of Aston Martin Lagonda Global stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of GBX 800 ($10.45), for a total transaction of £32,431,600 ($42,377,629.69). Over the last 90 days, insiders have sold 11,053,950 shares of company stock valued at $8,009,160,000.
Aston Martin Lagonda Global Company Profile
Aston Martin Lagonda Global Holdings plc designs, engineers, manufactures, and sells luxury sports cars under the Aston Martin and Lagonda brands in the United Kingdom and internationally. It also engages in the sale of parts; and the provision of maintenance and accident repair services, as well as the restoration of older Aston Martin model cars.
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