Liberum Capital Reiterates “Buy” Rating for Aldermore Group PLC (LON:ALD)

Aldermore Group PLC (LON:ALD)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a research note issued to investors on Thursday. They presently have a GBX 275 ($3.58) price objective on the stock. Liberum Capital’s price objective would suggest a potential upside of 27.37% from the stock’s previous close.

A number of other equities analysts also recently commented on the company. Investec lifted their target price on Aldermore Group PLC from GBX 290 ($3.78) to GBX 295 ($3.84) and gave the company a “buy” rating in a research note on Wednesday, May 17th. Peel Hunt downgraded Aldermore Group PLC to an “add” rating and set a GBX 275 ($3.58) price objective for the company. in a research report on Thursday, May 11th. Numis Securities Ltd downgraded Aldermore Group PLC to a “hold” rating and reduced their price objective for the stock from GBX 263 ($3.42) to GBX 233 ($3.03) in a research report on Monday, July 3rd. J P Morgan Chase & Co boosted their price objective on Aldermore Group PLC from GBX 270 ($3.52) to GBX 275 ($3.58) and gave the stock a “neutral” rating in a research report on Friday, May 12th. Finally, Shore Capital reiterated a “buy” rating on shares of Aldermore Group PLC in a research report on Thursday, May 11th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of GBX 259.08 ($3.37).

Shares of Aldermore Group PLC (ALD) opened at 215.90 on Thursday. Aldermore Group PLC has a 1-year low of GBX 130.00 and a 1-year high of GBX 260.31. The firm’s 50-day moving average price is GBX 220.53 and its 200 day moving average price is GBX 230.16. The stock’s market capitalization is GBX 744.29 million.

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