AB Dynamics’ (ABDP) “Buy” Rating Reaffirmed at Peel Hunt

AB Dynamics (LON:ABDP)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a research report issued to clients and investors on Tuesday,London Stock Exchange reports. They presently have a GBX 2,400 price objective on the stock. Peel Hunt’s price objective indicates a potential upside of 84.62% from the stock’s current price.

Separately, Shore Capital reissued a “buy” rating and set a GBX 2,100 target price on shares of AB Dynamics in a research report on Tuesday, September 23rd. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, AB Dynamics presently has a consensus rating of “Buy” and an average target price of GBX 2,383.33.

AB Dynamics Stock Performance

LON:ABDP remained flat at GBX 1,300 during mid-day trading on Tuesday. 119,288 shares of the company’s stock traded hands, compared to its average volume of 47,444. The company has a current ratio of 2.06, a quick ratio of 2.10 and a debt-to-equity ratio of 2.47. The stock has a market capitalization of £297.40 million, a P/E ratio of 28.51, a PEG ratio of 1.74 and a beta of 0.72. The business has a 50-day simple moving average of GBX 1,369.65 and a 200 day simple moving average of GBX 1,535.59. AB Dynamics has a 52-week low of GBX 1,210 and a 52-week high of GBX 2,150.

AB Dynamics (LON:ABDP) last released its quarterly earnings results on Tuesday, November 11th. The company reported GBX 81.30 EPS for the quarter. AB Dynamics had a net margin of 13.10% and a return on equity of 10.55%. On average, research analysts expect that AB Dynamics will post 68.8259109 earnings per share for the current fiscal year.

AB Dynamics Company Profile

AB Dynamics plc designs, develops, manufactures, and supplies vehicle test and development systems, and verification products and services for driver assistance systems, autonomous system, and vehicle dynamics. The company offers advanced vehicle testing solutions from physical proving ground automation to large scale virtual testing in simulation; rFpro, a simulation environment for the automotive and motorsport industries; and full-scale track testing services, including ADAS and vehicle dynamics tests, along with applied research, human factors, and simulation.