Aldermore Group PLC (ALD) Price Target Increased to GBX 295 by Analysts at Investec

Aldermore Group PLC (LON:ALD) had its target price hoisted by Investec from GBX 290 ($3.77) to GBX 295 ($3.84) in a report issued on Wednesday morning. Investec currently has a buy rating on the stock.

A number of other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Aldermore Group PLC from GBX 270 ($3.51) to GBX 275 ($3.58) and gave the company a neutral rating in a research report on Friday, May 12th. Numis Securities Ltd reissued an add rating and set a GBX 263 ($3.42) price objective on shares of Aldermore Group PLC in a research report on Thursday, May 11th. Peel Hunt downgraded shares of Aldermore Group PLC to an add rating and set a GBX 275 ($3.58) price objective for the company. in a research report on Thursday, May 11th. Liberum Capital reissued a buy rating and set a GBX 275 ($3.58) price objective on shares of Aldermore Group PLC in a research report on Thursday, May 11th. Finally, Shore Capital reaffirmed a buy rating on shares of Aldermore Group PLC in a report on Thursday, May 11th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Aldermore Group PLC presently has a consensus rating of Buy and an average target price of GBX 262.92 ($3.42).

Analyst Recommendations for Aldermore Group PLC (LON:ALD)

Aldermore Group PLC (LON:ALD) opened at 256.10 on Wednesday. The stock has a 50 day moving average price of GBX 243.66 and a 200-day moving average price of GBX 226.56. The company’s market capitalization is GBX 882.88 million. Aldermore Group PLC has a 12-month low of GBX 102.00 and a 12-month high of GBX 260.31.

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In other Aldermore Group PLC news, insider James Mack sold 86,873 shares of the business’s stock in a transaction on Friday, May 12th. The shares were sold at an average price of GBX 256 ($3.33), for a total value of £222,394.88 ($289,312.97).

About Aldermore Group PLC

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