JPMorgan Chase & Co. Lowers Aston Martin Lagonda Global (LON:AML) Price Target to GBX 225

Aston Martin Lagonda Global (LON:AML) had its target price reduced by equities research analysts at JPMorgan Chase & Co. from GBX 260 ($3.27) to GBX 225 ($2.83) in a research report issued on Thursday, Marketbeat reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 61.99% from the stock’s previous close.

Separately, Barclays restated an “overweight” rating and set a GBX 300 ($3.77) price objective on shares of Aston Martin Lagonda Global in a research report on Thursday, February 29th.

Aston Martin Lagonda Global Stock Performance

Shares of LON AML opened at GBX 138.90 ($1.74) on Thursday. The stock has a market capitalization of £1.14 billion, a P/E ratio of -448.06, a P/E/G ratio of 0.03 and a beta of 2.07. The firm’s 50-day moving average price is GBX 162.58 and its two-hundred day moving average price is GBX 192.05. Aston Martin Lagonda Global has a 52-week low of GBX 132.40 ($1.66) and a 52-week high of GBX 396.20 ($4.98). The company has a quick ratio of 0.71, a current ratio of 1.00 and a debt-to-equity ratio of 130.72.

Insider Activity

In other Aston Martin Lagonda Global news, insider Nigel Boardman acquired 36,607 shares of the firm’s stock in a transaction that occurred on Thursday, May 2nd. The stock was acquired at an average cost of GBX 136 ($1.71) per share, with a total value of £49,785.52 ($62,536.77). Corporate insiders own 55.59% of the company’s stock.

Aston Martin Lagonda Global Company Profile

Aston Martin Lagonda Global Holdings plc engages in the design, development, manufacture, and marketing of luxury sports cars worldwide. It also engages in the sale of parts; sale of vehicles; servicing and restoration of vehicles; and brand licensing and motorsport activities. The company sells its vehicles through a network of dealers.