Today: Today, Aldermore Group PLC (ALD) Rating Increased to Overweight at Barclays PLC

Today, Aldermore Group PLC (ALD) Rating Increased to Overweight at Barclays PLC

Aldermore Group PLC (LON:ALD) was upgraded by stock analysts at Barclays PLC to an “overweight” rating in a note issued to investors on Tuesday. The brokerage currently has a GBX 200 ($2.61) price objective on the stock, up from their previous price objective of GBX 150 ($1.96). Barclays PLC’s price objective would suggest a potential upside of 6.21% from the stock’s current price.

Several other research analysts have also recently commented on ALD. Deutsche Bank AG reiterated a “buy” rating on shares of Aldermore Group PLC in a report on Thursday, June 16th. Peel Hunt reiterated a “buy” rating and set a GBX 235 ($3.07) price target on shares of Aldermore Group PLC in a report on Wednesday, June 22nd. BNP Paribas reiterated a “neutral” rating and set a GBX 165 ($2.15) price target on shares of Aldermore Group PLC in a report on Monday, June 27th. JPMorgan Chase & Co. cut shares of Aldermore Group PLC to a “neutral” rating and lowered their price target for the stock from GBX 275 ($3.59) to GBX 165 ($2.15) in a report on Wednesday, June 29th. Finally, Numis Securities Ltd reiterated a “buy” rating and set a GBX 212 ($2.77) price target on shares of Aldermore Group PLC in a report on Wednesday, July 6th. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Aldermore Group PLC has a consensus rating of “Buy” and an average target price of GBX 205 ($2.68).

Aldermore Group PLC (LON:ALD) opened at 189.50 on Tuesday. The firm has a 50 day moving average of GBX 164.10 and a 200-day moving average of GBX 173.22. Aldermore Group PLC has a 12-month low of GBX 102.00 and a 12-month high of GBX 293.00. The stock’s market cap is GBX 653.28 million.

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