Ab Dynamics (LON:ABDP) Price Target Cut to GBX 2,700
Ab Dynamics (LON:ABDP) had its price target cut by research analysts at Liberum Capital from GBX 2,800 ($36.83) to GBX 2,700 ($35.52) in a report issued on Thursday, Stock Target Advisor reports. The brokerage currently has a “buy” rating on the stock. Liberum Capital’s price target would suggest a potential upside of 150.00% from the company’s current price.
Separately, Peel Hunt reiterated a “buy” rating on shares of Ab Dynamics in a research report on Wednesday, February 19th.
LON:ABDP remained flat at $GBX 1,080 ($14.21) during midday trading on Thursday. 60,779 shares of the company traded hands, compared to its average volume of 31,776. Ab Dynamics has a one year low of GBX 600 ($7.89) and a one year high of GBX 2,850 ($37.49). The stock has a 50-day simple moving average of GBX 1,809.29 and a two-hundred day simple moving average of GBX 2,200.76. The firm has a market cap of $243.17 million and a P/E ratio of 25.65.
Ab Dynamics Company Profile
AB Dynamics Plc, through its subsidiaries, designs and manufactures test equipment for vehicle suspension, steering, noise, and vibration in the United Kingdom, rest of Europe, the United States, and internationally. The company also provides a range of services, which include analysis, design, prototype manufacture, testing, and development.
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