Aston Martin Lagonda Global (LON:AML) Price Target Cut to GBX 500 by Analysts at Citigroup
Aston Martin Lagonda Global (LON:AML) had its price objective cut by Citigroup from GBX 600 ($7.89) to GBX 500 ($6.58) in a research report sent to investors on Friday, Stock Target Advisor reports. They currently have a buy rating on the stock.
Several other equities analysts have also recently commented on AML. Evercore ISI assumed coverage on Aston Martin Lagonda Global in a research report on Thursday, January 9th. They set an underperform rating and a GBX 350 ($4.60) target price for the company. HSBC upgraded Aston Martin Lagonda Global to a buy rating and boosted their target price for the stock from GBX 533 ($7.01) to GBX 550 ($7.23) in a research report on Monday, November 11th. Kepler Capital Markets reduced their target price on Aston Martin Lagonda Global from GBX 300 ($3.95) to GBX 250 ($3.29) and set a reduce rating for the company in a research report on Friday. Peel Hunt restated a hold rating on shares of Aston Martin Lagonda Global in a research report on Thursday. Finally, Deutsche Bank restated a buy rating and set a GBX 600 ($7.89) target price on shares of Aston Martin Lagonda Global in a research report on Monday, February 3rd. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. Aston Martin Lagonda Global currently has a consensus rating of Hold and an average price target of GBX 533.69 ($7.02).
Aston Martin Lagonda Global stock traded down GBX 17.80 ($0.23) during midday trading on Friday, hitting GBX 338 ($4.45). 1,658,559 shares of the company’s stock were exchanged, compared to its average volume of 1,800,000. Aston Martin Lagonda Global has a 52-week low of GBX 4.50 ($0.06) and a 52-week high of GBX 1,374.40 ($18.08). The stock has a 50-day moving average price of GBX 436.81 and a two-hundred day moving average price of GBX 489.28. The company has a debt-to-equity ratio of 257.50, a quick ratio of 0.12 and a current ratio of 0.60. The company has a market cap of $770.65 million and a P/E ratio of -2.80.
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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