AA’s (AA) “Buy” Rating Reaffirmed at Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of AA (LON:AA) in a research report sent to investors on Thursday. Liberum Capital currently has a GBX 140 ($1.81) price target on the stock.

Several other equities analysts have also recently weighed in on the company. Barclays cut AA to an equal weight rating and raised their price objective for the company from GBX 130 ($1.68) to GBX 150 ($1.94) in a research note on Monday, July 16th. Jefferies Financial Group restated an underperform rating on shares of AA in a research note on Monday, August 6th. Credit Suisse Group upgraded AA to a neutral rating and raised their price objective for the company from GBX 80 ($1.04) to GBX 130 ($1.68) in a research note on Wednesday, April 18th. Finally, Berenberg Bank restated a sell rating and set a GBX 65 ($0.84) price objective on shares of AA in a research note on Monday, April 23rd. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. AA presently has a consensus rating of Hold and an average price target of GBX 108.60 ($1.41).

Shares of AA opened at GBX 115.10 ($1.49) on Thursday, according to Marketbeat.com. AA has a 12-month low of GBX 69.92 ($0.91) and a 12-month high of GBX 274.20 ($3.55).

About AA

AA plc provides roadside assistance, insurance, and driving services in the United Kingdom. It operates through two segments, Roadside and Insurance. The company's roadside assistance services include breakdowns cover for cars, motorcycles, caravans, vans, campervans, and towing; vehicle inspections, tires, and connected car services; operates driving schools that provide driver training and educative programs, and hotels.

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