Panmure Gordon Increases Ab Dynamics PLC (ABDP) Price Target to GBX 524
Ab Dynamics PLC (LON:ABDP) had its price target boosted by research analysts at Panmure Gordon from GBX 500 ($6.53) to GBX 524 ($6.84) in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Panmure Gordon’s target price would indicate a potential upside of 9.74% from the company’s current price.
Shares of Ab Dynamics PLC (LON:ABDP) opened at 473.00 on Tuesday. The stock’s market cap is GBX 81.99 million. Ab Dynamics PLC has a one year low of GBX 207.50 and a one year high of GBX 515.00. The firm’s 50-day moving average price is GBX 453.03 and its 200 day moving average price is GBX 443.32.
In other news, insider Rogers,Timothy (Tim) John sold 10,000 shares of the firm’s stock in a transaction on Monday, August 22nd. The stock was sold at an average price of GBX 466 ($6.08), for a total transaction of £46,600 ($60,827.57).
About Ab Dynamics PLC
Ab Dynamics PLC is a United Kingdom-based company engaged in the design, manufacture and supply to the global automotive industry of advanced testing and measurement products for vehicle suspension, brakes and steering both in the laboratory and on the test track. The Company’s products service include Kinematics and compliance testing, Vehicle dynamics testing on the track, Driver assistance system testing, Driverless vehicle track testing, Steering system testing and Noise/vibration (NVH) testing of power train assemblies.
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