Aggreko plc (AGK) Stock Rating Reaffirmed by Jefferies Group LLC

Aggreko plc (LON:AGK)‘s stock had its “hold” rating reiterated by stock analysts at Jefferies Group LLC in a research report issued to clients and investors on Thursday. They presently have a GBX 850 ($11.18) price target on the stock. Jefferies Group LLC’s price objective suggests a potential downside of 4.82% from the stock’s current price.

AGK has been the topic of a number of other research reports. Peel Hunt reaffirmed a “reduce” rating and set a GBX 800 ($10.52) price objective on shares of Aggreko plc in a research note on Wednesday, August 2nd. J P Morgan Chase & Co decreased their price objective on Aggreko plc from GBX 881 ($11.58) to GBX 867 ($11.40) and set a “neutral” rating on the stock in a research note on Thursday, August 3rd. Credit Suisse Group reaffirmed an “underperform” rating on shares of Aggreko plc in a research note on Friday, July 21st. Morgan Stanley reaffirmed an “underweight” rating on shares of Aggreko plc in a research note on Wednesday, July 12th. Finally, Berenberg Bank lowered Aggreko plc to a “sell” rating and decreased their price target for the stock from GBX 800 ($10.52) to GBX 770 ($10.12) in a research note on Monday, October 2nd. Six equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. Aggreko plc presently has an average rating of “Hold” and a consensus price target of GBX 876.25 ($11.52).

Aggreko plc (LON AGK) opened at 885.00 on Thursday. Aggreko plc has a 12 month low of GBX 751.00 and a 12 month high of GBX 1,070.36. The stock’s 50 day moving average is GBX 894.70 and its 200 day moving average is GBX 876.61. The firm’s market cap is GBX 2.25 billion.

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Aggreko plc Company Profile

Aggreko plc is a United Kingdom-based company, which is a provider of modular, mobile power and related solutions. The Company’s segments include Power Solutions and Rental Solutions. The Power Solutions segment provides solutions for power requirements. The Power Solutions segment has two businesses: utility and industrial.

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