Trade Report: The Aldermore Group PLC’s (ALD) “Buy” Rating Reiterated at Deutsche Bank AG

The Aldermore Group PLC’s (ALD) “Buy” Rating Reiterated at Deutsche Bank AG

Deutsche Bank AG restated their buy rating on shares of Aldermore Group PLC (LON:ALD) in a research note released on Thursday morning. Deutsche Bank AG currently has a GBX 188 ($2.29) price target on the stock.

A number of other equities research analysts also recently commented on the company. Barclays PLC upgraded Aldermore Group PLC to an overweight rating and upped their price objective for the company from GBX 150 ($1.83) to GBX 200 ($2.44) in a report on Tuesday, October 4th. Investec reiterated a buy rating on shares of Aldermore Group PLC in a report on Monday, September 12th. Royal Bank Of Canada upped their price objective on Aldermore Group PLC from GBX 175 ($2.13) to GBX 190 ($2.32) and gave the company a sector performer rating in a report on Friday, September 23rd. Numis Securities Ltd reiterated a buy rating and issued a GBX 212 ($2.58) price objective on shares of Aldermore Group PLC in a report on Wednesday, July 6th. Finally, Macquarie reiterated an outperform rating and issued a GBX 235 ($2.86) price objective on shares of Aldermore Group PLC in a report on Friday, August 5th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of GBX 205 ($2.50).

Shares of Aldermore Group PLC (LON:ALD) opened at 163.80 on Thursday. Aldermore Group PLC has a 1-year low of GBX 102.00 and a 1-year high of GBX 293.00. The stock’s market capitalization is GBX 564.68 million. The stock’s 50 day moving average price is GBX 172.02 and its 200-day moving average price is GBX 170.94.

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