AA (LON:AA) had its target price dropped by stock analysts at Barclays from GBX 270 ($3.79) to GBX 200 ($2.80) in a research note issued to investors on Thursday, January 18th. The firm currently has an “overweight” rating on the stock. Barclays’ target price would indicate a potential upside of 63.00% from the company’s current price.
A number of other equities analysts also recently weighed in on AA. Liberum Capital restated a “buy” rating and issued a GBX 250 ($3.51) target price on shares of AA in a research note on Monday, October 2nd. Berenberg Bank downgraded AA to a “hold” rating and cut their target price for the stock from GBX 315 ($4.42) to GBX 170 ($2.38) in a research note on Thursday, October 12th. Credit Suisse Group cut their target price on AA from GBX 150 ($2.10) to GBX 140 ($1.96) and set an “underperform” rating on the stock in a research note on Wednesday, January 3rd. Finally, Jefferies Group cut their target price on AA from GBX 150 ($2.10) to GBX 125 ($1.75) and set an “underperform” rating on the stock in a research note on Wednesday, September 27th. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 205.83 ($2.89).
Shares of AA (LON AA) traded down GBX 4.80 ($0.07) on Thursday, reaching GBX 122.70 ($1.72). The company’s stock had a trading volume of 4,550,000 shares, compared to its average volume of 3,030,000. The company has a market cap of $749.27 and a price-to-earnings ratio of 766.88. AA has a 1 year low of GBX 121.35 ($1.70) and a 1 year high of GBX 274.20 ($3.84).
COPYRIGHT VIOLATION NOTICE: “AA (AA) PT Lowered to GBX 200 at Barclays” was first posted by Community Financial News and is owned by of Community Financial News. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at https://www.com-unik.info/2018/01/19/aa-aa-price-target-cut-to-gbx-200.html.
AA plc (AA) offers roadside assistance service. The Company’s segments include Roadside Assistance, Insurance Services, Driving Services, Ireland, Insurance Underwriting and Head Office costs. The Roadside Assistance segment sends patrols to members stranded at the side of the road and repairs their vehicles.
Receive News & Ratings for AA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AA and related companies with MarketBeat.com's FREE daily email newsletter.