Aggreko plc (AGK) Receives Consensus Rating of “Hold” from Analysts

Aggreko plc (AGK) Receives Consensus Rating of “Hold” from Analysts

Several research firms have commented on AGK. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 815 ($10.47) price target on shares of Aggreko plc in a report on Thursday, February 9th. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 800 ($10.28) price target on shares of Aggreko plc in a report on Wednesday, March 8th. Credit Suisse Group AG upped their price target on shares of Aggreko plc from GBX 690 ($8.86) to GBX 750 ($9.63) and gave the company an “underperform” rating in a report on Wednesday, March 29th. Royal Bank of Canada lowered their price target on shares of Aggreko plc from GBX 950 ($12.20) to GBX 910 ($11.69) and set a “sector performer” rating on the stock in a report on Wednesday, March 29th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 881 ($11.32) price target on shares of Aggreko plc in a report on Friday, April 28th.

Shares of Aggreko plc (LON:AGK) have been given an average recommendation of “Hold” by the thirteen ratings firms that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 873.67 ($11.22).

Aggreko plc (LON:AGK) opened at 869.00 on Tuesday. Aggreko plc has a 52-week low of GBX 751.00 and a 52-week high of GBX 1,305.00. The stock’s market capitalization is GBX 2.22 billion. The company’s 50-day moving average price is GBX 860.12 and its 200 day moving average price is GBX 913.71.

The company also recently announced a dividend, which was paid on Wednesday, May 24th. Stockholders of record on Thursday, April 20th were paid a dividend of GBX 17.74 ($0.23) per share. This is a positive change from Aggreko plc’s previous dividend of $9.38. This represents a dividend yield of 1.93%. The ex-dividend date was Thursday, April 20th.

In related news, insider Barbara Jeremiah purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, March 10th. The shares were purchased at an average cost of GBX 899 ($11.55) per share, with a total value of £8,990 ($11,547.85). Also, insider Bruce Pool sold 1,969 shares of the firm’s stock in a transaction dated Tuesday, April 18th. The shares were sold at an average price of GBX 859 ($11.03), for a total transaction of £16,913.71 ($21,726.02).

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:AGK”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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