AA PLC (LON:AA) Downgraded by Credit Suisse Group to Underperform

AA PLC (LON:AA) was downgraded by analysts at Credit Suisse Group to an “underperform” rating in a research report issued to clients and investors on Tuesday, Marketbeat.com reports. They presently have a GBX 175 ($2.28) target price on the stock, down from their prior target price of GBX 235 ($3.06). Credit Suisse Group’s price objective points to a potential downside of 4.21% from the stock’s previous close.

Several other analysts have also issued reports on the stock. Barclays PLC initiated coverage on shares of AA PLC in a research report on Wednesday, July 19th. They issued an “overweight” rating and a GBX 280 ($3.65) price target on the stock. Liberum Capital restated a “buy” rating and issued a GBX 340 ($4.43) price target on shares of AA PLC in a research report on Wednesday, July 5th. Finally, Citigroup Inc. restated a “buy” rating and issued a GBX 350 ($4.56) price target on shares of AA PLC in a research report on Wednesday, August 2nd. Two investment analysts have rated the stock with a sell rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 305.71 ($3.98).

AA PLC (LON AA) opened at 180.70 on Tuesday. AA PLC has a 52-week low of GBX 180.70 and a 52-week high of GBX 309.00. The firm has a 50-day moving average of GBX 225.63 and a 200-day moving average of GBX 246.00. The stock’s market capitalization is GBX 1.10 billion.

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About AA PLC

AA plc (AA) offers roadside assistance service. The Company’s segments include Roadside Assistance, Insurance Services, Driving Services, Ireland, Insurance Underwriting and Head Office costs. The Roadside Assistance segment sends patrols to members stranded at the side of the road and repairs their vehicles.

Analyst Recommendations for AA PLC (LON:AA)

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