Aggreko plc (LON:AGK) has received a consensus recommendation of “Hold” from the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 816.67 ($10.67).
A number of research firms have issued reports on AGK. Credit Suisse Group raised shares of Aggreko to an “outperform” rating and lifted their price objective for the stock from GBX 750 ($9.80) to GBX 905 ($11.83) in a report on Tuesday, November 5th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Aggreko in a report on Wednesday, November 13th. Barclays lifted their price objective on shares of Aggreko from GBX 760 ($9.93) to GBX 820 ($10.71) and gave the stock an “equal weight” rating in a report on Tuesday, August 6th. Peel Hunt reaffirmed a “reduce” rating and set a GBX 700 ($9.15) price objective on shares of Aggreko in a report on Tuesday, November 12th. Finally, UBS Group reaffirmed a “sell” rating on shares of Aggreko in a report on Monday, July 29th.
AGK traded down GBX 11.40 ($0.15) during mid-day trading on Monday, reaching GBX 791.80 ($10.35). 572,867 shares of the stock were exchanged, compared to its average volume of 1,200,000. The company has a debt-to-equity ratio of 62.68, a quick ratio of 1.39 and a current ratio of 1.94. The stock has a market capitalization of $2.03 billion and a PE ratio of 16.39. The company has a 50 day moving average price of GBX 796.33 and a two-hundred day moving average price of GBX 802.44. Aggreko has a 1 year low of GBX 690.40 ($9.02) and a 1 year high of GBX 868.60 ($11.35).
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, including diesel generators, G3+ generators, and gas generators, as well as Solar-diesel hybrid power plants; cooling systems, such as cooling towers, chillers, heat exchangers, and air handlers and 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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