Aldermore Group PLC (ALD) PT Raised to GBX 200
Aldermore Group PLC (LON:ALD) had its price objective boosted by equities researchers at JPMorgan Chase & Co. from GBX 165 ($2.15) to GBX 200 ($2.61) in a report issued on Tuesday. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 13.83% from the company’s previous close.
Several other equities research analysts have also issued reports on the company. Deutsche Bank AG reissued a “buy” rating on shares of Aldermore Group PLC in a research report on Thursday, September 15th. Peel Hunt reissued a “hold” rating and set a GBX 145 ($1.89) price target on shares of Aldermore Group PLC in a research report on Wednesday, September 14th. Investec reissued a “buy” rating on shares of Aldermore Group PLC in a research report on Monday, September 12th. Barclays PLC reissued an “equal weight” rating and set a GBX 150 ($1.96) price target on shares of Aldermore Group PLC in a research report on Friday, August 12th. Finally, BNP Paribas reissued a “neutral” rating and set a GBX 165 ($2.15) price target on shares of Aldermore Group PLC in a research report on Friday, August 12th. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of GBX 201.50 ($2.63).
Shares of Aldermore Group PLC (LON:ALD) opened at 175.67 on Tuesday. The stock’s market capitalization is GBX 605.60 million. The firm’s 50 day moving average is GBX 155.22 and its 200 day moving average is GBX 176.49. Aldermore Group PLC has a 12 month low of GBX 102.00 and a 12 month high of GBX 293.00.
In other Aldermore Group PLC news, insider Jones,Glyn purchased 100,000 shares of the firm’s stock in a transaction dated Thursday, June 30th. The stock was bought at an average price of GBX 119 ($1.55) per share, with a total value of £119,000 ($155,332.20).
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