The Aldermore Group PLC (ALD) Downgraded by Numis Securities Ltd to ” Add”

The Aldermore Group PLC (ALD) Downgraded by Numis Securities Ltd to ” Add”

Aldermore Group PLC (LON:ALD) was downgraded by analysts at Numis Securities Ltd to a ” add” rating in a research report issued on Monday. They currently have a GBX 263 ($3.28) target price on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 12.20% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Peel Hunt upgraded Aldermore Group PLC to an “add” rating and upped their price target for the stock from GBX 205 ($2.55) to GBX 275 ($3.43) in a report on Monday. Deutsche Bank AG restated a “buy” rating on shares of Aldermore Group PLC in a report on Friday, November 11th. Panmure Gordon started coverage on Aldermore Group PLC in a report on Thursday, February 16th. They issued a “buy” rating and a GBX 285 ($3.55) price target for the company. Investec restated a “buy” rating on shares of Aldermore Group PLC in a report on Tuesday, February 21st. Finally, Liberum Capital restated a “buy” rating and issued a GBX 245 ($3.05) price target on shares of Aldermore Group PLC in a report on Thursday, February 23rd. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of GBX 245.42 ($3.06).

Shares of Aldermore Group PLC (LON:ALD) traded down 3.10% during trading on Monday, reaching GBX 231.60. 1,976,909 shares of the company’s stock traded hands. Aldermore Group PLC has a 1-year low of GBX 102.00 and a 1-year high of GBX 256.30. The company has a 50 day moving average of GBX 223.51 and a 200-day moving average of GBX 195.69. The company’s market capitalization is GBX 798.42 million.

About Aldermore Group PLC

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