Aldermore Group PLC (ALD) Stock Rating Reaffirmed by Numis Securities Ltd

Numis Securities Ltd reissued their add rating on shares of Aldermore Group PLC (LON:ALD) in a report released on Thursday, May 11th. The firm currently has a GBX 263 ($3.33) target price on the stock.

ALD has been the subject of several other reports. Panmure Gordon reissued a buy rating and set a GBX 285 ($3.61) price objective on shares of Aldermore Group PLC in a research note on Monday, April 10th. Credit Suisse Group reissued a neutral rating and set a GBX 210 ($2.66) price objective on shares of Aldermore Group PLC in a research note on Tuesday, February 28th. Peel Hunt reissued a hold rating on shares of Aldermore Group PLC in a research note on Thursday, March 2nd. J P Morgan Chase & Co boosted their price objective on shares of Aldermore Group PLC from GBX 220 ($2.78) to GBX 250 ($3.16) and gave the company a neutral rating in a research note on Tuesday, January 17th. Finally, Liberum Capital reissued a buy rating and set a GBX 245 ($3.10) price objective on shares of Aldermore Group PLC in a research note on Thursday, February 23rd. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of GBX 262.92 ($3.33).

Aldermore Group PLC (ALD) opened at 228.50 on Thursday. The firm’s market capitalization is GBX 787.73 million. Aldermore Group PLC has a 12-month low of GBX 102.00 and a 12-month high of GBX 260.31. The company has a 50-day moving average price of GBX 245.00 and a 200-day moving average price of GBX 231.32.

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In other Aldermore Group PLC news, insider James Mack sold 86,873 shares of the business’s stock in a transaction on Friday, May 12th. The shares were sold at an average price of GBX 256 ($3.24), for a total value of £222,394.88 ($281,334.45).

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