Amigo Holdings PLC (LON:AMGO) Receives Average Rating of “Buy” from Brokerages

Shares of Amigo Holdings PLC (LON:AMGO) have been assigned a consensus recommendation of “Buy” from the six ratings firms that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 272.50 ($3.56).

Several equities research analysts have recently weighed in on AMGO shares. JPMorgan Chase & Co. dropped their target price on shares of Amigo from GBX 335 ($4.38) to GBX 250 ($3.27) and set an “overweight” rating for the company in a research report on Friday, August 30th. Shore Capital reissued a “hold” rating on shares of Amigo in a research report on Thursday, August 29th.

In related news, insider Richard Stanley Price bought 126,569 shares of the company’s stock in a transaction dated Thursday, September 19th. The stock was bought at an average price of GBX 73 ($0.95) per share, with a total value of £92,395.37 ($120,730.92). Also, insider Hamish Paton bought 43,718 shares of the company’s stock in a transaction dated Friday, August 30th. The stock was bought at an average cost of GBX 80 ($1.05) per share, with a total value of £34,974.40 ($45,700.25). Insiders bought a total of 170,501 shares of company stock valued at $12,751,957 in the last three months.

Shares of AMGO stock opened at GBX 78.70 ($1.03) on Friday. Amigo has a 12 month low of GBX 66.79 ($0.87) and a 12 month high of GBX 297.50 ($3.89). The company has a debt-to-equity ratio of 189.17, a current ratio of 14.81 and a quick ratio of 14.76. The firm has a market capitalization of $374.09 million and a P/E ratio of 3.97. The company’s fifty day moving average price is GBX 81.46 and its two-hundred day moving average price is GBX 176.38.

About Amigo

Amigo Holdings PLC, through its subsidiaries, provides guarantor loans to individuals in the United Kingdom. The company was founded in 2005 and is based in Bournemouth, the United Kingdom. Amigo Holdings PLC is a subsidiary of Richmond Group Limited.

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Analyst Recommendations for Amigo (LON:AMGO)

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