Aggreko PLC (LON:AGK) Rating Reaffirmed
Recently, In a comprehensive report sent to clients and investors on 16 December, Aggreko PLC (LON:AGK) shares have had their “Overweight” Rating reiterated by analysts at Barclays Capital, who currently has a GBX 1280.00 Estimated Target Price on company. This target by Barclays Capital may suggest the possibile upside of 38.64% from the last stock close price.
From a total of 17 analysts covering Aggreko PLC (LON:AGK) stock, 2 rate it a ”Buy”, 6 a “Sell”, and 9 a ”Hold”. This means that 12% of the ratings are positive. The highest target price is GBX 1747 while the lowest target price is GBX 1. The mean of all analyst targets is GBX 1059.31 with a 14.71% above today’s (GBX 923.5) stock price. Aggreko PLC was the topic of 48 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on December 16 with “Overweight” rating. Jefferies maintained shares with “Underperform” rating and GBX 720 target share price in a report from a November 10. Peel Hunt upgraded AGK stock in a recent report from December 2 to “Hold” rating. Berenberg upgraded the rating on November 10. Berenberg has a “Hold” rating and a GBX 1020 price target on shares. Finally, JP Morgan maintained the stock with “Neutral” rating in a report issued on a November 10.
Approximately 97,819 shares of stock traded hands. Aggreko plc (LON:AGK) has declined 43.65% since May 19, 2015 and is downtrending. It has underperformed by 41.03% the S&P500.
Aggreko plc is a United Kingdom-based company, which provides power and temperature control solutions. The company has a market cap of 2.34 billion GBP. The Firm has two business models which include Local business and Power Projects business. It has 11.64 P/E ratio. The Local business rents power and temperature control equipment to a range of clients who operate it themselves, while the Company services and maintains it.