Deutsche Bank announced Aldermore Group PLC (LON:ALD), bumping up its stock price target to 188.00GBX today
- Updated: October 12, 2016
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 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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