How Good Does Aggreko PLC (LON:AGK) Look Now? Peel Hunt Has Just Upgraded The Stock


Aggreko PLC (LON:AGK) Stock Upgrade

In a very recent research note revealed to investors on Wednesday, 2 December, Peel Hunt decided to upgrade shares of Aggreko PLC (LON:AGK) to a Hold rating. The firm currently has a respectable GBX 1100.00 target price on AGK shares.

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 1075.63 with a 7.56% above today’s (GBX 1000.01) stock price. Aggreko PLC was the topic of 45 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Beaufort Securities maintained shares on November 10 with “Hold” rating. Deutsche Bank maintained shares with “Hold” rating and GBX 1020 target share price in a report from a November 10. Berenberg upgraded AGK stock in a recent report from November 10 to “Hold” rating. Morgan Stanley maintained the rating on November 9. Morgan Stanley has a “Underwt/In-Line” rating and a GBX 1111 price target on shares. Finally, Jefferies maintained the stock with “Underperform” rating in a report issued on a November 10.

The stock decreased 0.10% or GBX 0.99 on December 1, striking GBX 1000.01. Approximately shares of stock traded hands. Aggreko plc (LON:AGK) has declined 38.44% since May 5, 2015 and is downtrending. It has underperformed by 36.81% the S&P500.

 How Good Does Aggreko PLC (LON:AGK) Look Now? Peel Hunt Has Just Upgraded The Stock

Aggreko plc is a United Kingdom-based company, which provides power and temperature control solutions. The company has a market cap of 2.56 billion GBP. The Firm has two business models which include Local business and Power Projects business. It has 12.61 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.