Aldermore Group PLC (ALD) PT Raised to GBX 313

Aldermore Group PLC (LON:ALD) had its price objective increased by analysts at Peel Hunt from GBX 280 ($3.72) to GBX 313 ($4.16) in a report issued on Monday. The firm presently has a “buy” rating on the stock. Peel Hunt’s target price indicates a potential upside of 1.52% from the stock’s previous close.

Several other brokerages have also recently issued reports on ALD. Investec reissued a “buy” rating and set a GBX 295 ($3.92) price target on shares of Aldermore Group PLC in a research report on Tuesday, June 20th. Liberum Capital reissued a “buy” rating and set a GBX 275 ($3.65) price target on shares of Aldermore Group PLC in a research report on Tuesday, September 19th. Barclays PLC reissued an “overweight” rating and set a GBX 300 ($3.99) price target on shares of Aldermore Group PLC in a research report on Monday, August 21st. Numis Securities Ltd cut shares of Aldermore Group PLC to a “hold” rating and reduced their price target for the stock from GBX 263 ($3.49) to GBX 233 ($3.10) in a research report on Monday, July 3rd. Finally, Deutsche Bank AG reissued a “hold” rating and set a GBX 210 ($2.79) price target on shares of Aldermore Group PLC in a research report on Tuesday, September 26th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 272.08 ($3.62).

Aldermore Group PLC (LON:ALD) opened at 310.00 on Monday. The stock’s market cap is GBX 1.07 billion. Aldermore Group PLC has a 52-week low of GBX 162.04 and a 52-week high of GBX 310.00. The firm’s 50-day moving average is GBX 229.45 and its 200-day moving average is GBX 231.12.

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