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Deutsche Bank announced Aldermore Group PLC (LON:ALD), bumping up its stock price target to 188.00GBX today

In a report released on 10/13/2016 Deutsche Bank increased the stock price target of Aldermore Group PLC (LON:ALD) to 188.00GBX reporting a possible upside of 0.11%.

Previously on Tuesday October 04, 2016, Barclays Capital reported on Aldermore Group PLC (LON:ALD) increased the target price from 150.00GBX to 200.00GBX. At the time, this indicated a possible upside of 0%.

Just yesterday Aldermore Group PLC (LON:ALD) traded -1.21% lower at 169.70GBX. Aldermore Group PLC’s 50-day moving average is 170.62GBX and its 200-day moving average is 172.02GBX. The last closing price is down -0.36% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 83,137 shares of ALD traded hands, down from an average trading volume of 1,529,850

Recent Performance Chart

Aldermore Group PLC (LON:ALD)

Aldermore Group PLC has 52 week low of 102.00GBX and a 52 week high of 293.00GBX with a PE ratio of 7.11 and has a market capitalization of 0 GBX.

In addition to Deutsche Bank reporting its stock price target, a total of 14 brokers have issued a research note on the company. The average stock price target is 221.21GBX with 3 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 5 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Aldermore Group PLC (LON:ALD)

Aldermore Group PLC is an investment holding company. The Company is a lender supporting the United Kingdom small and medium-sized enterprises (SMEs), homeowners and landlords. Its segments include Residential Mortgages, which includes prime residential mortgages targeting underserved segments of borrowers that provide sustainable margins; SME Commercial Mortgages segment, which includes property finance for professional, residential or commercial property investors and owner occupier SMEs; Buy-to-Let segment, which offers Buy-to-Let mortgages for residential units, multi-unit freehold or houses with multiple occupation to both individuals and companies; Asset Finance segment, which includes lease and hire purchase financing for SMEs, and focuses on sectors with returns and liquid secondary asset markets; Invoice Finance segment, which provides the United Kingdom SMEs with working capital solutions through invoice discounting, factoring and asset based lending, and Central Functions.

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