Aston Martin Lagonda Global (OTCMKTS:ARGGY) Downgraded to Hold Rating by Sanford C. Bernstein

Sanford C. Bernstein downgraded shares of Aston Martin Lagonda Global (OTCMKTS:ARGGY) from a strong-buy rating to a hold rating in a report released on Wednesday morning,Zacks.com reports.

A number of other analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Monday, February 23rd. The Goldman Sachs Group began coverage on shares of Aston Martin Lagonda Global in a report on Sunday, November 23rd. They set a “hold” rating on the stock. Finally, HSBC reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a report on Tuesday, January 13th. Six research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Aston Martin Lagonda Global Stock Performance

Shares of OTCMKTS:ARGGY opened at $0.58 on Wednesday. The company has a 50-day moving average price of $0.77 and a two-hundred day moving average price of $0.84. Aston Martin Lagonda Global has a twelve month low of $0.54 and a twelve month high of $1.22.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.