Aston Martin Lagonda Global (LON:AML) Price Target Cut to GBX 1,500 by Analysts at Goldman Sachs Group

Aston Martin Lagonda Global (LON:AML) had its price objective trimmed by Goldman Sachs Group from GBX 2,080 ($27.18) to GBX 1,500 ($19.60) in a research note issued to investors on Tuesday, Digital Look reports. The firm currently has a buy rating on the stock.

Other research analysts have also issued reports about the company. Deutsche Bank restated a buy rating and issued a GBX 430 ($5.62) target price on shares of in a research note on Friday, June 21st. Sanford C. Bernstein upgraded Kroger from a market perform rating to an outperform rating and set a $33.00 target price for the company in a research note on Monday, May 20th. Numis Securities reiterated a buy rating and set a GBX 1,750 ($22.87) price objective on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 8th. Panmure Gordon began coverage on Aston Martin Lagonda Global in a research note on Thursday, June 20th. They set a sell rating and a GBX 802 ($10.48) price objective for the company. Finally, JPMorgan Chase & Co. dropped their price objective on from GBX 97 ($1.27) to GBX 89 ($1.16) and set a neutral rating for the company in a research note on Monday, June 17th. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. Aston Martin Lagonda Global has a consensus rating of Hold and an average target price of GBX 1,351.56 ($17.66).

Shares of LON AML opened at GBX 990.40 ($12.94) on Tuesday. The company has a fifty day moving average price of GBX 1,001.31. The company has a quick ratio of 0.45, a current ratio of 0.63 and a debt-to-equity ratio of 201.56. The firm has a market capitalization of $2.26 billion and a price-to-earnings ratio of -1.14. Aston Martin Lagonda Global has a one year low of GBX 790 ($10.32) and a one year high of GBX 1,915 ($25.02).

In other Aston Martin Lagonda Global news, insider Najeeb Al Humaidhi sold 4,053,950 shares of the stock in a transaction on Monday, May 20th. The stock was sold at an average price of GBX 800 ($10.45), for a total transaction of £32,431,600 ($42,377,629.69). Also, insider Penny Hughes acquired 5,474 shares of the company’s stock in a transaction on Monday, June 3rd. The shares were bought at an average price of GBX 876 ($11.45) per share, with a total value of £47,952.24 ($62,658.09).

About Aston Martin Lagonda Global

Aston Martin Lagonda Global Holdings plc designs, engineers, manufactures, and sells luxury sports cars under the Aston Martin and Lagonda brands in the United Kingdom and internationally. It also engages in the sale of parts; and the provision of maintenance and accident repair services, as well as the restoration of older Aston Martin model cars.

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Analyst Recommendations for Aston Martin Lagonda Global (LON:AML)

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