AA (AA) Sets New 12-Month Low at $66.00

AA PLC (LON:AA)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 66 ($0.86) and last traded at GBX 66.80 ($0.87), with a volume of 1104559 shares changing hands. The stock had previously closed at GBX 67.70 ($0.88).

A number of equities analysts have recently issued reports on AA shares. Berenberg Bank reissued a “sell” rating and set a GBX 65 ($0.85) price target on shares of AA in a research report on Thursday, April 4th. Liberum Capital reissued a “buy” rating on shares of AA in a research report on Thursday, February 7th. Peel Hunt reissued a “buy” rating on shares of AA in a research report on Thursday, February 21st. Finally, Jefferies Financial Group reissued an “underperform” rating on shares of AA in a research report on Tuesday, April 9th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. AA presently has a consensus rating of “Hold” and an average target price of GBX 106.25 ($1.39).

The company has a market capitalization of $410.04 million and a price-to-earnings ratio of 9.68.

The business also recently disclosed an annual dividend, which will be paid on Monday, June 17th. Investors of record on Thursday, May 9th will be paid a dividend of GBX 1.40 ($0.02) per share. This represents a dividend yield of 1.68%. The ex-dividend date is Thursday, May 9th. AA’s dividend payout ratio (DPR) is currently 0.29%.

In related news, insider Simon Breakwell acquired 96,444 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The stock was purchased at an average cost of GBX 74 ($0.97) per share, for a total transaction of £71,368.56 ($93,255.66).

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About AA (LON:AA)

AA plc provides roadside assistance, insurance, and driving services in the United Kingdom. It operates through two segments, Roadside and Insurance. The company offers breakdowns cover for cars, motorcycles, caravans, vans, campervans, and towing; car, motorbike, van, and caravan insurance; and loans, savings, mortgage, travel currency card, insurance, and credit card products.

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