AA (LON:AA) Given “Buy” Rating at Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of AA (LON:AA) in a research note published on Friday morning, ThisIsMoney.Co.Uk reports.
A number of other analysts have also issued reports on the company. Barclays decreased their price objective on AA from GBX 100 ($1.32) to GBX 15 ($0.20) and set an equal weight rating on the stock in a research note on Wednesday, April 8th. Peel Hunt decreased their price objective on AA from GBX 160 ($2.10) to GBX 100 ($1.32) and set a buy rating on the stock in a research note on Thursday, May 7th. Berenberg Bank decreased their price objective on AA from GBX 30 ($0.39) to GBX 20 ($0.26) and set a sell rating on the stock in a research note on Monday, May 11th. Finally, Credit Suisse Group decreased their price objective on AA from GBX 45 ($0.59) to GBX 17 ($0.22) and set an underperform rating on the stock in a research note on Wednesday, May 27th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of GBX 67 ($0.88).
Shares of LON AA traded up GBX 1.20 ($0.02) during trading on Friday, reaching GBX 28.30 ($0.37). 10,670,818 shares of the stock traded hands, compared to its average volume of 9,520,000. AA has a 52-week low of GBX 13.32 ($0.18) and a 52-week high of GBX 74 ($0.97). The company has a 50-day moving average of GBX 24.14 and a 200-day moving average of GBX 37.79. The stock has a market capitalization of $174.32 million and a P/E ratio of 2.07.
AA Company Profile
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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