Shares of Aggreko plc (LON:AGK) have been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are currently covering the company, MarketBeat reports. Six analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 887.73 ($11.71).
AGK has been the subject of a number of research analyst reports. Morgan Stanley reiterated an “underweight” rating on shares of Aggreko plc in a report on Wednesday, July 12th. Credit Suisse Group reiterated an “underperform” rating on shares of Aggreko plc in a report on Friday, July 21st. Berenberg Bank downgraded shares of Aggreko plc to a “sell” rating and cut their price target for the company from GBX 800 ($10.56) to GBX 770 ($10.16) in a report on Monday, October 2nd. Jefferies Group LLC reiterated a “hold” rating and issued a GBX 850 ($11.22) price target on shares of Aggreko plc in a report on Thursday, October 12th. Finally, J P Morgan Chase & Co cut their price target on shares of Aggreko plc from GBX 881 ($11.63) to GBX 867 ($11.44) and set a “neutral” rating for the company in a report on Thursday, August 3rd.
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Shares of Aggreko plc (LON AGK) traded up GBX 40.50 ($0.53) during trading hours on Friday, hitting GBX 981 ($12.95). The stock had a trading volume of 955,932 shares.
About Aggreko plc
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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