Credit Suisse Group Reaffirms Neutral Rating for Aldermore Group PLC (ALD)

Credit Suisse Group reiterated their neutral rating on shares of Aldermore Group PLC (LON:ALD) in a research note published on Wednesday morning. They currently have a GBX 225 ($2.91) price objective on the stock.

A number of other research analysts also recently commented on ALD. Panmure Gordon restated a buy rating and issued a GBX 285 ($3.69) target price on shares of Aldermore Group PLC in a research note on Monday, April 10th. Investec boosted their target price on Aldermore Group PLC from GBX 290 ($3.76) to GBX 295 ($3.82) and gave the company a buy rating in a research note on Wednesday, May 17th. Macquarie upgraded Aldermore Group PLC to an outperform rating and set a GBX 277 ($3.59) target price on the stock in a research note on Wednesday, March 15th. BNP Paribas restated a neutral rating and issued a GBX 235 ($3.04) target price on shares of Aldermore Group PLC in a research note on Friday, March 24th. Finally, Liberum Capital restated a buy rating and issued a GBX 275 ($3.56) target price on shares of Aldermore Group PLC in a research note on Tuesday, April 4th. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of GBX 260.42 ($3.37).

Aldermore Group PLC (LON ALD) opened at 221.90 on Wednesday. The stock has a 50 day moving average price of GBX 235.75 and a 200 day moving average price of GBX 231.36. Aldermore Group PLC has a 1-year low of GBX 109.55 and a 1-year high of GBX 260.31. The firm’s market capitalization is GBX 764.98 million.

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In related news, insider James Mack sold 86,873 shares of the stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of GBX 256 ($3.32), for a total transaction of £222,394.88 ($288,076.27).

About Aldermore Group PLC

Analyst Recommendations for Aldermore Group PLC (LON:ALD)

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