Aggreko plc (AGK) Receives GBX 834.11 Consensus Price Target from Brokerages

Aggreko plc (LON:AGK) has been assigned an average rating of “Hold” from the eleven analysts that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 834.11 ($10.90).

A number of analysts recently commented on the company. Peel Hunt upped their price objective on Aggreko from GBX 700 ($9.15) to GBX 800 ($10.45) and gave the company a “hold” rating in a research report on Tuesday, November 13th. HSBC upgraded Aggreko to a “buy” rating and upped their price objective for the company from GBX 740 ($9.67) to GBX 1,050 ($13.72) in a research report on Tuesday, August 21st. Barclays cut Aggreko to an “equal weight” rating and reduced their price objective for the company from GBX 830 ($10.85) to GBX 760 ($9.93) in a research report on Friday, November 16th. Finally, Royal Bank of Canada upgraded Aggreko to an “outperform” rating and upped their price objective for the company from GBX 690 ($9.02) to GBX 1,000 ($13.07) in a research report on Tuesday, October 16th.

Shares of AGK stock traded down GBX 2 ($0.03) during mid-day trading on Monday, hitting GBX 712 ($9.30). The company’s stock had a trading volume of 665,957 shares, compared to its average volume of 1,200,000. Aggreko has a 52-week low of GBX 638.60 ($8.34) and a 52-week high of GBX 994.50 ($12.99).

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, such as diesel generators, G3+ generators, and gas generators, as well as Solar-diesel hybrid power plants; cooling systems, including cooling towers, chillers, heat exchangers, air handlers, and air 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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