Deutsche Bank Aktiengesellschaft Cuts Aston Martin Lagonda Global (LON:AML) Price Target to GBX 40

Aston Martin Lagonda Global (LON:AML) had its price objective cut by Deutsche Bank Aktiengesellschaft from GBX 45 to GBX 40 in a research report sent to investors on Thursday morning,Digital Look reports. They currently have a hold rating on the stock.

A number of other brokerages have also recently weighed in on AML. Citigroup increased their price target on shares of Aston Martin Lagonda Global from GBX 45 to GBX 55 and gave the stock a “neutral” rating in a research note on Friday, May 15th. Jefferies Financial Group restated a “hold” rating and issued a GBX 41 price objective on shares of Aston Martin Lagonda Global in a research note on Thursday. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of GBX 48.50.

Aston Martin Lagonda Global Trading Down 0.8%

AML opened at GBX 35.64 on Thursday. The company has a quick ratio of 0.71, a current ratio of 0.93 and a debt-to-equity ratio of 893.66. Aston Martin Lagonda Global has a 52 week low of GBX 34.84 and a 52 week high of GBX 86.80. The business’s 50 day moving average is GBX 39.59 and its two-hundred day moving average is GBX 45.78. The firm has a market cap of £360.89 million, a price-to-earnings ratio of -0.74, a price-to-earnings-growth ratio of 0.03 and a beta of 1.98.

Aston Martin Lagonda Global (LON:AML) last posted its quarterly earnings data on Wednesday, July 29th. The company reported GBX (15.20) earnings per share for the quarter. Aston Martin Lagonda Global had a negative net margin of 36.66% and a negative return on equity of 166.57%. On average, research analysts predict that Aston Martin Lagonda Global will post 3.0755403 EPS for the current year.

About Aston Martin Lagonda Global

Aston Martin’s vision is to be the world’s most desirable, ultra-luxury British brand, creating the most exquisitely addictive performance cars.

Founded in 1913 by Lionel Martin and Robert Bamford, Aston Martin is acknowledged as an iconic global brand synonymous with style, luxury, performance, and exclusivity. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including the Vantage, DB12, Vanquish, DBX and its first mid-engined plug-in hybrid, Valhalla.