Aldermore Group (LON:ALD): Deutsche Bank Reaffirms Hold Rating Today, Has a Target of GBX 240.00/Share

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Aldermore Group (LON:ALD) Rating Reaffirmed

Deutsche Bank now has a GBX 240.00 Estimated Target Price on the 708.44M GBP market cap company or 12.41% upside potential. In an interesting research report issued to clients on Thursday morning, Aldermore Group (LON:ALD) shares have had their Hold Rating reaffirmed by investment advisers at Deutsche Bank.

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 200. The mean of all analyst targets is GBX 282.33 with a 35.78% above today’s (GBX 213.5) 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 213.5 during the previous session. It is down 11.04% since May 20, 2015 and is downtrending. It has underperformed by 8.78% the S&P500.

Aldermore Group (LON:ALD): Deutsche Bank Reaffirms Hold Rating Today, Has a Target of GBX 240.00/Share

Aldermore Group plc focuses on specialist lending to small and medium-sized enterprises (SMEs) and homeowners. The company has a market cap of 708.44 million GBP. The Company’s lending divisions include asset finance, invoice finance, SME commercial mortgages and residential mortgages. It has 13.47 P/E ratio.

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