Aggreko plc (AGK) Receives Average Recommendation of “Hold” from Brokerages
Shares of Aggreko plc (LON:AGK) have been given an average recommendation of “Hold” by the twelve research firms that are covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 882.91 ($11.97).
A number of brokerages have issued reports on AGK. Jefferies Group raised shares of Aggreko to a “buy” rating and boosted their target price for the company from GBX 850 ($11.53) to GBX 1,250 ($16.95) in a report on Monday, November 13th. Barclays lowered their target price on shares of Aggreko from GBX 1,030 ($13.97) to GBX 955 ($12.95) and set an “overweight” rating on the stock in a report on Wednesday, November 22nd. Credit Suisse Group reissued an “underperform” rating and set a GBX 750 ($10.17) target price on shares of Aggreko in a report on Wednesday, January 3rd. Berenberg Bank cut shares of Aggreko to a “sell” rating and lowered their target price for the company from GBX 800 ($10.85) to GBX 770 ($10.44) in a report on Monday, October 2nd. Finally, Peel Hunt reaffirmed a “reduce” rating and issued a GBX 800 ($10.85) price target on shares of Aggreko in a report on Tuesday, November 21st.
Shares of Aggreko (LON:AGK) opened at GBX 812.80 ($11.02) on Friday. Aggreko has a 1-year low of GBX 752.50 ($10.20) and a 1-year high of GBX 1,070.36 ($14.52). The stock has a market cap of $2,040.00 and a price-to-earnings ratio of 1,729.36.
WARNING: This story was originally posted by Daily Political and is the property of of Daily Political. If you are reading this story on another site, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The original version of this story can be viewed at https://www.dailypolitical.com/2018/01/12/aggreko-plc-agk-receives-average-recommendation-of-hold-from-brokerages.html.
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.
Receive News & Ratings for Aggreko Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aggreko and related companies with MarketBeat.com's FREE daily email newsletter.