Aldermore Group (LON:ALD) Rating Reaffirmed
In a recent research report revealed to investors and clients on Tuesday morning, The “Equal weight” rating of Aldermore Group (LON:ALD) shares was reconfirmed by Analysts at Barclays Capital, who now has a GBX 225.00 target on the stock. Barclays Capital’s target means a possible upside of 11.33% from the current stock price of the company.
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 292.75 with a 43.43% above today’s (GBX 202.1) stock price. Aldermore Group was the topic of 34 analyst reports since August 18, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on December 15 with “Equal Weight” rating. Numis Securities maintained shares with “Add” rating and GBX 324 target share price in a report from a November 12. Deutsche Bank maintained ALD stock in a recent report from December 11 with “Hold” rating. Credit Suisse maintained the rating on September 4. Credit Suisse has a “Neutral” rating and a GBX 265 price target on shares. Finally, BNP Paribas maintained the stock with “Neutral” rating in a report issued on a November 13.
The stock closed the day at GBX 202.1 during the previous session. It is down 18.84% since May 18, 2015 and is downtrending. It has underperformed by 15.16% the S&P500.
Aldermore Group plc focuses on specialist lending to small and medium-sized enterprises (SMEs) and homeowners. The company has a market cap of 696.72 million GBP. The Company’s lending divisions include asset finance, invoice finance, SME commercial mortgages and residential mortgages. It has 12.75 P/E ratio.