Aggreko (ARGKF) Cut to “Hold” at Zacks Investment Research
Zacks Investment Research lowered shares of Aggreko (OTCMKTS:ARGKF) from a buy rating to a hold rating in a report published on Monday morning.
According to Zacks, “Aggreko plc provides rental solutions to energy sector primarily of power generation and temperature control equipments. Its power generation rental solutions include generators, gas generators, transformers, load banks, fuel tanks, and electrical distribution equipment, as well as power accessories. Temperature control equipments include: chillers, cooling towers, air conditioners, spot coolers, air handlers, heaters, heat exchangers, and temperature accessories. The Company also provides dehumidifiers; and oil-free air solutions, including air compressor, air dryer, after coolers, and air accessories, as well as offers risk management solutions. Cooling equipments include supplemental cooling, thermal discharge cooling, cooling tower repair, contingency plan, emergency cooling, and cooling tower accessories. The Company also offers event services and process services. Aggreko plc is headquartered in Glasgow, the United Kingdom. “
Several other brokerages have also issued reports on ARGKF. Jefferies Group raised Aggreko from a hold rating to a buy rating in a research report on Monday, November 13th. ValuEngine raised Aggreko from a hold rating to a buy rating in a research report on Monday, October 23rd. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $14.00.
Aggreko (ARGKF) opened at $11.49 on Monday. The company has a current ratio of 1.94, a quick ratio of 1.50 and a debt-to-equity ratio of 0.46. Aggreko has a 1 year low of $9.63 and a 1 year high of $13.46.
WARNING: This news story was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at https://www.dailypolitical.com/2017/11/29/aggreko-argkf-cut-to-hold-at-zacks-investment-research.html.
Aggreko Company Profile
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Aggreko PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aggreko PLC and related companies with MarketBeat.com's FREE daily email newsletter.