AA (AA) Receives Consensus Rating of “Hold” from Analysts

Shares of AA (LON:AA) have been given a consensus rating of “Hold” by the six research firms that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 130.50 ($1.87).

Several brokerages have commented on AA. Barclays lowered their target price on AA from GBX 200 ($2.86) to GBX 130 ($1.86) and set an “overweight” rating for the company in a research note on Monday, March 19th. Liberum Capital reissued a “buy” rating and set a GBX 100 ($1.43) target price on shares of AA in a research note on Tuesday, February 27th. Credit Suisse Group lowered their target price on AA from GBX 125 ($1.79) to GBX 80 ($1.15) and set an “underperform” rating for the company in a research note on Monday, February 26th. Berenberg Bank lowered their target price on AA from GBX 100 ($1.43) to GBX 65 ($0.93) and set a “sell” rating for the company in a research note on Monday, February 26th. Finally, Jefferies Group lowered their target price on AA from GBX 125 ($1.79) to GBX 58 ($0.83) and set an “underperform” rating for the company in a research note on Thursday, February 22nd.

LON AA traded up GBX 1.75 ($0.03) during trading on Wednesday, hitting GBX 113.75 ($1.63). 4,846,573 shares of the company’s stock were exchanged, compared to its average volume of 9,520,000. AA has a fifty-two week low of GBX 69.92 ($1.00) and a fifty-two week high of GBX 274.20 ($3.93).

TRADEMARK VIOLATION WARNING: This report was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this report on another domain, it was illegally stolen and republished in violation of U.S. and international trademark & copyright legislation. The original version of this report can be accessed at https://www.chaffeybreeze.com/2018/04/16/aa-aa-receives-consensus-rating-of-hold-from-analysts.html.

About AA

AA plc provides roadside assistance, insurance, and driving services in the United Kingdom. It operates through Roadside Assistance, Insurance Services, Driving Services, and Insurance Underwriting segments. The company's roadside assistance services include breakdowns cover for cars, motorbikes, caravans, and vans; and additional services, such as vehicle inspections, tires, and connected car and publishing services.

Analyst Recommendations for AA (LON:AA)

Receive News & Ratings for AA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AA and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply