Aston Martin Lagonda Global (LON:AML) Stock Price Up 12.6% – What’s Next?

Aston Martin Lagonda Global Holdings plc (LON:AML) rose 12.6% during trading on Friday. The stock traded as high as GBX 44.20 and last traded at GBX 40.94. Approximately 10,845,369 shares traded hands during trading, an increase of 45% from the average session volume of 7,498,498 shares. The stock had previously closed at GBX 36.36.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on AML. Jefferies Financial Group restated a “hold” rating and issued a GBX 41 price objective on shares of Aston Martin Lagonda Global in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft lowered their price target on Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a “hold” rating for the company in a report on Thursday, July 30th. Finally, Citigroup dropped their price target on shares of Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a “neutral” rating on the stock in a research note on Monday, August 3rd. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Aston Martin Lagonda Global currently has a consensus rating of “Hold” and an average price target of GBX 44.75.

Aston Martin Lagonda Global Stock Up 12.6%

The company has a market capitalization of £415.52 million, a PE ratio of -0.82, a price-to-earnings-growth ratio of 0.03 and a beta of 1.97. The firm’s 50-day simple moving average is GBX 34.29 and its 200 day simple moving average is GBX 38.66. The company has a debt-to-equity ratio of 893.66, a quick ratio of 0.71 and a current ratio of 0.93.

Aston Martin Lagonda Global (LON:AML) last posted its quarterly earnings results on Wednesday, July 29th. The company reported GBX (15.20) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative net margin of 36.66% and a negative return on equity of 166.57%. As a group, equities research analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current year.

About Aston Martin Lagonda Global

Aston Martin’s vision is to be the world’s most desirable, ultra-luxury British brand, creating the most exquisitely addictive performance cars.

Founded in 1913 by Lionel Martin and Robert Bamford, Aston Martin is acknowledged as an iconic global brand synonymous with style, luxury, performance, and exclusivity. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including the Vantage, DB12, Vanquish, DBX and its first mid-engined plug-in hybrid, Valhalla.