Aggreko plc (LON:AGK) was downgraded by stock analysts at Jefferies Group to a “hold” rating in a report issued on Friday, Stock Ratings News reports. They currently have a GBX 1,500 ($23.95) target price on the stock, down from their previous target price of GBX 2,000 ($31.93). Jefferies Group’s target price would suggest a potential upside of 3.09% from the stock’s previous close.
A number of other firms have also recently commented on AGK. Analysts at RBC Capital reiterated a “sector performer” rating on shares of Aggreko plc in a research note to investors on Wednesday. They now have a GBX 1,680 ($26.82) price target on the stock. Separately, analysts at Canaccord Genuity initiated coverage on shares of Aggreko plc in a research note to investors on Friday, October 11th. They set a “sell” rating and a GBX 1,237 ($19.75) price target on the stock. Finally, analysts at AlphaValue reiterated a “buy” rating on shares of Aggreko plc in a research note to investors on Thursday, October 10th. They now have a GBX 1,990 ($31.77) price target on the stock. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 1,858.07 ($29.66).
Shares of Aggreko plc (LON:AGK) opened at 1455.00 on Friday. Aggreko plc has a 1-year low of GBX 1429.00 and a 1-year high of GBX 2347.00. The stock’s 50-day moving average is GBX 1633. and its 200-day moving average is GBX 1734.. The company’s market cap is £3.885 billion.
Aggreko plc (LON:AGK) provides power and temperature control solutions to customers who need them either very quickly, or for a short or indeterminate length of time.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.