Aggreko plc (AGK) Rating Reiterated by Panmure Gordon
Aggreko plc (LON:AGK)‘s stock had its “sell” rating restated by equities researchers at Panmure Gordon in a report released on Tuesday. They currently have a GBX 715 ($9.40) price objective on the stock. Panmure Gordon’s target price suggests a potential downside of 16.06% from the company’s previous close.
Several other equities analysts have also weighed in on the company. Berenberg Bank lowered Aggreko plc to a “sell” rating and cut their price target for the company from GBX 800 ($10.52) to GBX 770 ($10.13) in a research note on Monday, October 2nd. Jefferies Group LLC restated a “hold” rating and issued a GBX 850 ($11.18) price target on shares of Aggreko plc in a research note on Thursday, October 12th. J P Morgan Chase & Co cut their price target on Aggreko plc from GBX 881 ($11.59) to GBX 867 ($11.40) and set a “neutral” rating for the company in a research note on Thursday, August 3rd. Peel Hunt restated a “reduce” rating and issued a GBX 800 ($10.52) price target on shares of Aggreko plc in a research note on Wednesday, August 2nd. Finally, Deutsche Bank AG lifted their price target on Aggreko plc from GBX 945 ($12.43) to GBX 965 ($12.69) and gave the company a “hold” rating in a research note on Monday. Six equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 882.91 ($11.61).
Aggreko plc (LON:AGK) opened at GBX 851.75 ($11.20) on Tuesday. Aggreko plc has a fifty-two week low of GBX 775.50 ($10.20) and a fifty-two week high of GBX 1,070.36 ($14.08).
About Aggreko plc
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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