Aldermore Group PLC (LON:ALD) Given Buy Rating at Investec
Aldermore Group PLC (LON:ALD)‘s stock had its “buy” rating reaffirmed by equities research analysts at Investec in a research report issued to clients and investors on Thursday. They presently have a GBX 295 ($3.84) price target on the stock. Investec’s price objective indicates a potential upside of 33.54% from the company’s current price.
ALD has been the subject of several other reports. Liberum Capital reaffirmed a “buy” rating and set a GBX 275 ($3.58) price target on shares of Aldermore Group PLC in a report on Thursday. Shore Capital reaffirmed a “buy” rating on shares of Aldermore Group PLC in a report on Tuesday, May 23rd. Deutsche Bank AG decreased their price target on Aldermore Group PLC from GBX 270 ($3.52) to GBX 225 ($2.93) and set a “hold” rating for the company in a report on Wednesday, July 26th. Peel Hunt downgraded Aldermore Group PLC to an “add” rating and set a GBX 275 ($3.58) price target for the company. in a report on Thursday, May 11th. Finally, J P Morgan Chase & Co increased their price target on Aldermore Group PLC from GBX 270 ($3.52) to GBX 275 ($3.58) and gave the stock a “neutral” rating in a report on Friday, May 12th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 256.67 ($3.34).
Aldermore Group PLC (LON ALD) opened at 229.80 on Thursday. Aldermore Group PLC has a 12-month low of GBX 130.00 and a 12-month high of GBX 260.31. The stock’s market capitalization is GBX 792.21 million. The stock’s 50 day moving average is GBX 220.85 and its 200 day moving average is GBX 230.17.
In other news, insider James Mack sold 86,873 shares of the firm’s stock in a transaction on Friday, May 12th. The stock was sold at an average price of GBX 256 ($3.33), for a total value of £222,394.88 ($289,614.38).
Aldermore Group PLC Company Profile
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