Aldermore Group PLC (ALD) Earns Buy Rating from Investec

Investec reiterated their buy rating on shares of Aldermore Group PLC (LON:ALD) in a research report sent to investors on Thursday morning. Investec currently has a GBX 295 ($3.84) price objective on the stock.

A number of other analysts have also recently weighed in on the company. Peel Hunt cut Aldermore Group PLC to an add rating and set a GBX 275 ($3.58) price target for the company. in a research report on Thursday, May 11th. Numis Securities Ltd cut Aldermore Group PLC to a hold rating and reduced their price target 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 target 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. Shore Capital reaffirmed a buy rating on shares of Aldermore Group PLC in a research report on Thursday, May 11th. Finally, Liberum Capital reaffirmed a buy rating and issued a GBX 275 ($3.58) price target on shares of Aldermore Group PLC in a research report on Thursday, May 11th. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of GBX 259.08 ($3.37).

Shares of Aldermore Group PLC (LON ALD) opened at 221.80 on Thursday. The company’s 50 day moving average price is GBX 220.53 and its 200 day moving average price is GBX 230.16. Aldermore Group PLC has a one year low of GBX 130.00 and a one year high of GBX 260.31. The stock’s market capitalization is GBX 860.40 million.

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