Aldermore Group PLC (ALD) Receives Buy Rating from Liberum Capital

Aldermore Group PLC (LON:ALD)‘s stock had its “buy” rating reissued by equities researchers at Liberum Capital in a research report issued on Tuesday. They presently have a GBX 275 ($3.71) target price on the stock. Liberum Capital’s price objective points to a potential upside of 23.82% from the company’s current price.

A number of other analysts also recently issued reports on the stock. Investec reissued a “buy” rating and set a GBX 295 ($3.98) target price on shares of Aldermore Group PLC in a research report on Tuesday, June 20th. Numis Securities Ltd downgraded shares of Aldermore Group PLC to a “hold” rating and dropped their target price for the stock from GBX 263 ($3.55) to GBX 233 ($3.14) in a research report on Monday, July 3rd. Deutsche Bank AG decreased their price target on Aldermore Group PLC from GBX 270 ($3.64) to GBX 225 ($3.03) and set a “hold” rating for the company in a report on Wednesday, July 26th. Barclays PLC restated an “overweight” rating and issued a GBX 300 ($4.04) price target on shares of Aldermore Group PLC in a report on Monday, August 21st. Finally, Shore Capital restated a “buy” rating on shares of Aldermore Group PLC in a report on Friday, June 16th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Aldermore Group PLC has a consensus rating of “Buy” and an average target price of GBX 259.08 ($3.49).

Aldermore Group PLC (LON:ALD) opened at 222.10 on Tuesday. The stock has a 50 day moving average of GBX 221.80 and a 200 day moving average of GBX 229.76. Aldermore Group PLC has a 1-year low of GBX 155.00 and a 1-year high of GBX 260.31. The stock’s market cap is GBX 766.07 million.

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