Credit Suisse Group cut shares of Aston Martin Lagonda Global (LON:AML) to a neutral rating in a research note released on Wednesday morning, ThisIsMoney.Co.Uk reports. The firm currently has GBX 529 ($6.91) price objective on the stock, down from their prior price objective of GBX 1,630 ($21.30).
Several other analysts have also commented on the stock. JPMorgan Chase & Co. reiterated an overweight rating on shares of Aston Martin Lagonda Global in a research report on Monday, June 17th. Deutsche Bank reiterated a hold rating on shares of Aston Martin Lagonda Global in a research report on Friday, June 21st. Numis Securities reiterated a buy rating and issued a GBX 1,750 ($22.87) price target on shares of Aston Martin Lagonda Global in a research report on Wednesday, May 8th. Goldman Sachs Group set a GBX 1,500 ($19.60) price target on shares of Aston Martin Lagonda Global and gave the company a buy rating in a research report on Wednesday, July 24th. Finally, Sanford C. Bernstein upgraded shares of Aston Martin Lagonda Global to an outperform rating in a research report on Monday, May 20th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of GBX 1,186.78 ($15.51).
AML stock opened at GBX 464 ($6.06) on Wednesday. The company’s 50 day simple moving average is GBX 769.85 and its 200-day simple moving average is GBX 964.74. The firm has a market capitalization of $1.06 billion and a PE ratio of -7.52. Aston Martin Lagonda Global has a 12 month low of GBX 440.50 ($5.76) and a 12 month high of GBX 1,915 ($25.02). The company has a debt-to-equity ratio of 249.81, a current ratio of 0.66 and a quick ratio of 0.38.
Aston Martin Lagonda Global Company Profile
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.
Recommended Story: Cost of Capital
Receive News & Ratings for Aston Martin Lagonda Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aston Martin Lagonda Global and related companies with MarketBeat.com's FREE daily email newsletter.