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RBC Capital Markets covered Aldermore Group PLC (LON:ALD), bumping its price target to 190.00GBX earlier today

Aldermore Group PLC (LON:ALD) had its target price raised to 190.00GBX by RBC Capital Markets in a report released 9/23/2016. The new target price indicates a possible upside of 0.09% based on the company's last stock close price.

Previously on 9/20/2016, JP Morgan Cazenove reported about Aldermore Group PLC (LON:ALD) raised the target price from 165.00GBX to 200.00GBX. At the time, this indicated a possible upside of 0.32%.

Yesterday Aldermore Group PLC (LON:ALD) traded -0.06% lower at 174.45GBX. The company’s 50-day moving average is 156.44GBX and its 200-day moving average is 176.47GBX. The last stock close price is down -0.89% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 81,716 shares of ALD traded hands, down from an average trading volume of 1,671,200

Recent Performance Chart

Aldermore Group PLC (LON:ALD)

Aldermore Group PLC has PE ratio of 7.26 with a one year low of 102.00GBX and a one year high of 293.00GBX and has a market capitalization of 0 GBX.

A total of 14 firms have reported on the company. Three analysts rating the company a strong buy, six equity analysts rating the company a buy, five firms rating the stock a hold, one brokerage rating the company a underperform, and finally 0 analysts rating the company a sell with a 12-month price target of 221.21GBX.

About 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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