Aggreko (LON:AGK) PT Raised to GBX 640

Aggreko (LON:AGK) had its price objective hoisted by UBS Group from GBX 610 ($7.97) to GBX 640 ($8.36) in a research report released on Wednesday morning, ThisIsMoney.Co.Uk reports. UBS Group currently has a sell rating on the stock.

A number of other analysts have also recently weighed in on the stock. Credit Suisse Group reaffirmed a neutral rating on shares of Aggreko in a report on Wednesday, March 27th. Royal Bank of Canada set a €21.50 ($25.00) price objective on shares of GEA Group Aktiengesellschaft and gave the stock a neutral rating in a report on Thursday, March 14th. Jefferies Financial Group reaffirmed a hold rating on shares of COMPASS GRP PLC/S in a report on Tuesday, April 9th. Finally, Peel Hunt reaffirmed a hold rating on shares of Hilton Food Group in a report on Wednesday, March 27th. Four analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of GBX 820 ($10.71).

AGK stock opened at GBX 797.60 ($10.42) on Wednesday. The company has a debt-to-equity ratio of 56.40, a quick ratio of 1.48 and a current ratio of 1.99. Aggreko has a fifty-two week low of GBX 654 ($8.55) and a fifty-two week high of GBX 891.20 ($11.65). The business has a 50-day moving average price of GBX 793.42. The firm has a market cap of $2.04 billion and a PE ratio of 16.24.

In other Aggreko news, insider Peter Kennerley sold 10,210 shares of the firm’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of GBX 782 ($10.22), for a total transaction of £79,842.20 ($104,327.98). Also, insider Stephen Beynon sold 6,164 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of GBX 848 ($11.08), for a total transaction of £52,270.72 ($68,300.95).

Aggreko Company Profile

Aggreko Plc supplies modular, mobile power, heating, cooling, and related services worldwide. The company operates in three segments: Rental Solutions, Power Solutions Industrial, and Power Solutions Utility. It offers power generation products, including diesel generators, G3+ generators, and gas generators, as well as Solar-diesel hybrid power plants; cooling systems, such as cooling towers, chillers, heat exchangers, and air handlers and conditioners; and desiccant and refrigerated dehumidifiers to prevent metal corrosion, aid processes, preserve equipment on cold stacked offshore rigs, reduce mold and mildew growth during production processes, and dry out water-damaged buildings, as well as to reduce drying times for concrete, insulation, and fireproofing.

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Analyst Recommendations for Aggreko (LON:AGK)

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