Aggreko (AGK) PT Lowered to GBX 750 at Peel Hunt
A number of other brokerages also recently commented on AGK. Berenberg Bank downgraded Aggreko to a sell rating and decreased their target price for the company from GBX 800 ($10.85) to GBX 770 ($10.44) in a report on Monday, October 2nd. Jefferies Group restated a hold rating and set a GBX 850 ($11.53) target price on shares of Aggreko in a report on Thursday, October 12th. Deutsche Bank upped their target price on Aggreko from GBX 945 ($12.82) to GBX 965 ($13.09) and gave the company a hold rating in a report on Monday, November 20th. Panmure Gordon restated a sell rating and set a GBX 715 ($9.70) target price on shares of Aggreko in a report on Tuesday, November 21st. Finally, JPMorgan Chase & Co. restated a neutral rating and set a GBX 867 ($11.76) target price on shares of Aggreko in a report on Wednesday, November 22nd. Six investment analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. Aggreko has a consensus rating of Hold and a consensus target price of GBX 878.36 ($11.91).
Shares of Aggreko (LON AGK) opened at GBX 808.60 ($10.97) on Tuesday. Aggreko has a 12-month low of GBX 752.50 ($10.20) and a 12-month high of GBX 1,070.36 ($14.52). The firm has a market capitalization of $2,070.00 and a P/E ratio of 1,720.43.
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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