Aldermore Group PLC (LON:ALD) Upgraded by Peel Hunt to “Buy”

Aldermore Group PLC (LON:ALD) was upgraded by equities researchers at Peel Hunt to a “buy” rating in a note issued to investors on Thursday. The firm currently has a GBX 275 ($3.58) price target on the stock. Peel Hunt’s price target indicates a potential upside of 24.49% from the stock’s current price.

A number of other equities analysts also recently issued reports on ALD. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 233 ($3.03) price objective on shares of Aldermore Group PLC in a report on Thursday. Liberum Capital reaffirmed a “buy” rating and set a GBX 275 ($3.58) price objective on shares of Aldermore Group PLC in a report on Thursday. Credit Suisse Group reissued a “neutral” rating and issued a GBX 225 ($2.93) price target on shares of Aldermore Group PLC in a report on Wednesday, July 5th. Shore Capital reissued a “buy” rating on shares of Aldermore Group PLC in a report on Friday, June 16th. Finally, Deutsche Bank AG cut their price target on shares of Aldermore Group PLC from GBX 270 ($3.52) to GBX 225 ($2.93) and set a “hold” rating on the stock in a report on Wednesday, July 26th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 256.67 ($3.34).

Aldermore Group PLC (ALD) opened at 227.40 on Thursday. The stock has a 50 day moving average of GBX 220.85 and a 200 day moving average of GBX 230.17. The company’s market capitalization is GBX 783.94 million. Aldermore Group PLC has a 12 month low of GBX 130.00 and a 12 month high of GBX 260.31.

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In related news, insider James Mack sold 86,873 shares of the business’s stock in a transaction dated Friday, May 12th. The shares were sold at an average price of GBX 256 ($3.33), for a total value of £222,394.88 ($289,614.38).

About Aldermore Group PLC

Analyst Recommendations for Aldermore Group PLC (LON:ALD)

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