Citigroup Cuts Aston Martin Lagonda Global (LON:AML) Price Target to GBX 40

Aston Martin Lagonda Global (LON:AML) had its price target lowered by Citigroup from GBX 55 to GBX 40 in a report released on Monday, MarketBeat.com reports. The firm currently has a neutral rating on the stock.

Other equities analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft lowered their price objective on Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a “hold” rating on the stock in a research note on Thursday, July 30th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 41 target price on shares of Aston Martin Lagonda Global in a research note on Thursday, July 30th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Aston Martin Lagonda Global currently has a consensus rating of “Hold” and a consensus price target of GBX 44.75.

Aston Martin Lagonda Global Trading Down 1.4%

AML opened at GBX 34.02 on Monday. The firm has a market capitalization of £344.52 million, a price-to-earnings ratio of -0.68, a price-to-earnings-growth ratio of 0.03 and a beta of 1.98. The company’s 50 day simple moving average is GBX 38.82 and its two-hundred day simple moving average is GBX 45.06. Aston Martin Lagonda Global has a 1-year low of GBX 33.74 and a 1-year high of GBX 86.80. The company has a debt-to-equity ratio of 893.66, a current ratio of 0.93 and a quick ratio of 0.71.

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%. Analysts expect that Aston Martin Lagonda Global will post 3.0755403 EPS for the current fiscal 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.