How Will Aggreko PLC (LON:AGK) Stock React To Peel Hunt Downgrade to Reduce Rating?

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London Aggreko PLC LON:AGK

Aggreko PLC (LON:AGK) Downgrade of Rating

Aggreko PLC (LON:AGK)’s rating was cut by analysts at Peel Hunt to a Reduce rating in a research report revealed to clients on Friday, 14 October. The firm currently has a GBX 900.00 target on the stock. Peel Hunt’s target means a potential upside of Infinity.

The company’s rating downgrade is noticed by stock investors, as LON:AGK is at the moment trading -1.81% lower at GBX 947.50 as of 01:26 London time. Aggreko PLC shares have risen 7.34% over the last 200 days, while the Standard & Poor’s 500 index has added 2.61% over the same time.

LON:AGK Price Chart & Trend

The stock price of Aggreko PLC gained 7.34% over the last 200 days, and is in unsteady up trend. In the last 50 and 100 days, Aggreko PLC is down 9.06% and down 15.79%, respectively. Our stocks momentum model is shown on the price chart below. How Will Aggreko PLC (LON:AGK) Stock React To Peel Hunt Downgrade to Reduce Rating?

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

AGK Stock Chart

Aggreko PLC (LON:AGK) Profile

Aggreko plc is a United Kingdom-based provider of modular, mobile power and related solutions. The Company’s segments include Power Solutions and Rental Solutions. The Power Solutions segment provides solutions for power requirements.

Aggreko PLC (LON:AGK) traded down -1.81% on 14 October, hitting GBX 947.5. A total of 150,701 shares of the company’s stock traded hands. This is down from average of 863,553 shares. Aggreko PLC has a 52 week low of GBX 762.05 and a 52 week high of GBX 1305. The company has a market cap of 2.43B GBX and a P/E ratio of 18.71.

Get the latest Aggreko PLC (LON:AGK) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

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