Deutsche Bank Reiterates Hold Rating for Aston Martin Lagonda Global (LON:AML)

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Deutsche Bank reiterated their hold rating on shares of Aston Martin Lagonda Global (LON:AML) in a research note published on Wednesday morning, ThisIsMoney.Co.Uk reports. The firm currently has a GBX 400 ($5.26) target price on the stock, down from their previous target price of GBX 560 ($7.37).

Several other research analysts have also weighed in on AML. HSBC upgraded shares of Aston Martin Lagonda Global to a buy rating and upped their price objective for the company from GBX 533 ($7.01) to GBX 550 ($7.23) in a research note on Monday, November 11th. Jefferies Financial Group dropped their price objective on shares of Aston Martin Lagonda Global from GBX 600 ($7.89) to GBX 475 ($6.25) and set a hold rating on the stock in a research note on Friday, November 8th. Bank of America lowered shares of Aston Martin Lagonda Global to an underperform rating and dropped their price objective for the company from GBX 550 ($7.23) to GBX 400 ($5.26) in a research note on Monday, October 28th. Kepler Capital Markets dropped their price objective on shares of Aston Martin Lagonda Global from GBX 450 ($5.92) to GBX 400 ($5.26) and set a hold rating on the stock in a research note on Friday, November 8th. Finally, JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 500 ($6.58) price objective (down previously from GBX 570 ($7.50)) on shares of Aston Martin Lagonda Global in a research note on Monday, January 6th. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 543 ($7.14).

Aston Martin Lagonda Global stock opened at GBX 469.70 ($6.18) on Wednesday. The firm has a market cap of $939.83 million and a PE ratio of -3.89. The company has a debt-to-equity ratio of 257.50, a quick ratio of 0.12 and a current ratio of 0.60. The firm’s 50 day moving average price is GBX 534.65 and its two-hundred day moving average price is GBX 586.01. Aston Martin Lagonda Global has a twelve month low of GBX 371.10 ($4.88) and a twelve month high of GBX 1,374.40 ($18.08).

In other news, insider Mahmoud Samy Mohamed Ali El Sayed sold 2,782,064 shares of the stock in a transaction on Monday, December 9th. The shares were sold at an average price of GBX 493 ($6.49), for a total transaction of £13,715,575.52 ($18,042,061.98).

Aston Martin Lagonda Global Company Profile

Aston Martin Lagonda Global Holdings plc designs, engineers, manufactures, and sells luxury sports cars under the Aston Martin and Lagonda brands in the United Kingdom and internationally. It also engages in the sale of parts; and the provision of maintenance and accident repair services, as well as the restoration of older Aston Martin model cars.

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Analyst Recommendations for Aston Martin Lagonda Global (LON:AML)

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