AA (AA) Price Target Cut to GBX 80 by Analysts at Credit Suisse Group

AA (LON:AA) had its target price reduced by Credit Suisse Group from GBX 125 ($1.73) to GBX 80 ($1.11) in a research report sent to investors on Monday, February 26th. Credit Suisse Group currently has an underperform rating on the stock.

AA has been the topic of several other reports. Liberum Capital reiterated a buy rating and set a GBX 250 ($3.45) target price on shares of AA in a research report on Thursday, November 30th. Berenberg Bank lowered shares of AA to a sell rating and reduced their price target for the company from GBX 170 ($2.35) to GBX 100 ($1.38) in a research report on Monday, February 19th. Jefferies Group reduced their price target on shares of AA from GBX 125 ($1.73) to GBX 58 ($0.80) and set an underperform rating on the stock in a research report on Thursday, February 22nd. Finally, Barclays reduced their price target on shares of AA from GBX 270 ($3.73) to GBX 200 ($2.76) and set an overweight rating on the stock in a research report on Thursday, January 18th. Three research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of GBX 142.17 ($1.96).

Shares of AA (LON:AA) traded up GBX 0.72 ($0.01) on Monday, reaching GBX 80.26 ($1.11). 2,587,434 shares of the company traded hands, compared to its average volume of 9,580,000. AA has a 12-month low of GBX 69.92 ($0.97) and a 12-month high of GBX 274.20 ($3.79). The company has a market cap of $490.38 and a P/E ratio of 501.63.

COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece of content on another publication, it was stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be viewed at https://ledgergazette.com/2018/03/15/aa-aa-price-target-cut-to-gbx-80.html.

About AA

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 (LON:AA)

Receive News & Ratings for AA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AA and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply