Deutsche Bank Initiates Coverage on Aston Martin Lagonda Global (AML)

Deutsche Bank started coverage on shares of Aston Martin Lagonda Global (LON:AML) in a research note issued to investors on Friday. The brokerage set a “buy” rating and a GBX 2,000 ($26.13) price target on the stock. Deutsche Bank’s price objective suggests a potential upside of 32.65% from the stock’s current price.

Aston Martin Lagonda Global stock opened at GBX 1,507.70 ($19.70) on Friday. Aston Martin Lagonda Global has a twelve month low of GBX 445.70 ($5.82) and a twelve month high of GBX 670.50 ($8.76).

In other Aston Martin Lagonda Global news, insider Penny Hughes purchased 526 shares of the stock in a transaction on Monday, October 8th. The stock was acquired at an average cost of GBX 1,900 ($24.83) per share, with a total value of £9,994 ($13,058.93).

Aston Martin Lagonda Global Company Profile

Aston Martin Lagonda Global Holdings plc designs, engineers, manufactures, and sells luxury sports cars under the Aston Martin and Lagonda brands in the United Kingdom and internationally. It also engages in the sale of parts; and the provision of maintenance and accident repair services, as well as the restoration of older Aston Martin model cars.

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