Key Equity Analysts at Deutsche Bank Reiterated their ‘Hold’ rating for Aldermore Group (LON:ALD) Shares Today. Their TP Provided Is GBX 240.00

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Aldermore Group (LON:ALD) Rating Reaffirmed

In a recent report sent to investors and clients this morning, Deutsche Bank has decided to restate their Hold rating on Aldermore Group (LON:ALD) shares. The target price per share could mean a possible upside of 6.76% from company’s previous stock close.

From a total of 12 analysts covering Aldermore Group (LON:ALD) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 6 a ”Hold”. This means that 54% of the ratings are positive. The highest target price is GBX 340 while the lowest target price is GBX 240. The mean of all analyst targets is GBX 295 with a 44.78% above today’s (GBX 215.33) stock price. Aldermore Group was the topic of 31 analyst reports since August 18, 2015 according to the firm StockzIntelligence Inc. Investec maintained shares on December 1 with “Buy” rating. Numis Securities maintained shares with “Add” rating and GBX 324 target share price in a report from a November 12. BNP Paribas maintained ALD stock in a recent report from November 13 with “Neutral” rating. Credit Suisse maintained the rating on September 4. Credit Suisse has a “Neutral” rating and a GBX 265 price target on shares. Finally, Barclays Capital maintained the stock with “Equal Weight” rating in a report issued on a November 13.

Approximately 185,640 shares of stock traded hands. Aldermore Group PLC (LON:ALD) has declined 9.32% since May 14, 2015 and is downtrending. It has underperformed by 6.30% the S&P500.

Key Equity Analysts at Deutsche Bank Reiterated their ‘Hold’ rating for Aldermore Group (LON:ALD) Shares Today. Their TP Provided Is GBX 240.00

Aldermore Group plc focuses on specialist lending to small and medium-sized enterprises (SMEs) and homeowners. The company has a market cap of 749.86 million GBP. The Company’s lending divisions include asset finance, invoice finance, SME commercial mortgages and residential mortgages. It has 13.58 P/E ratio.

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