A Reversal for Aldermore Group PLC Is Not Near. The Stock Rises Again

 A Reversal for Aldermore Group PLC Is Not Near. The Stock Rises Again

The stock of Aldermore Group PLC (LON:ALD) is a huge mover today! The stock increased 3.45% or GBX 5.79 on November 3, hitting GBX 173.49. About 1.26M shares traded hands. Aldermore Group PLC (LON:ALD) has declined 17.21% since April 5, 2016 and is downtrending. It has underperformed by 18.42% the S&P500.
The move comes after 9 months positive chart setup for the GBX 598.10 million company. It was reported on Nov, 3 by Barchart.com. We have GBX 291.46 PT which if reached, will make LON:ALD worth GBX 406.71 million more.

Aldermore Group PLC (LON:ALD) Ratings Coverage

Out of 13 analysts covering Aldermore Group (LON:ALD), 8 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 62% are positive. Aldermore Group has been the topic of 95 analyst reports since August 18, 2015 according to StockzIntelligence Inc. The firm earned “Equal Weight” rating on Wednesday, November 11 by Barclays Capital. The stock of Aldermore Group PLC (LON:ALD) has “Hold” rating given on Friday, December 11 by Deutsche Bank. Numis Securities maintained the stock with “Buy” rating in Wednesday, July 6 report. Investec maintained the stock with “Buy” rating in Thursday, November 19 report. The stock of Aldermore Group PLC (LON:ALD) earned “Overweight” rating by JP Morgan on Friday, August 21. The rating was maintained by Deutsche Bank with “Hold” on Friday, April 22. Peel Hunt upgraded the stock to “Buy” rating in Thursday, May 12 report. As per Tuesday, May 24, the company rating was maintained by Deutsche Bank. Deutsche Bank maintained Aldermore Group PLC (LON:ALD) rating on Thursday, October 13. Deutsche Bank has “Buy” rating and GBX 188 price target. RBC Capital Markets maintained the stock with “Sector Performer” rating in Friday, September 23 report.

More important recent Aldermore Group PLC (LON:ALD) news were published by: Fool.Co.Uk which released: “Should you sell Barclays plc and buy Aldermore Group plc or OneSavings Bank plc?” on June 03, 2016, also Fool.Co.Uk published article titled: “Is It Time To Dump Lloyds Banking Group PLC And Invest In Aldermore Group PLC …”, Fool.Co.Uk published: “Is Lloyds Banking Group PLC A Better Buy Than Aldermore Group PLC And Virgin …” on August 13, 2015. More interesting news about Aldermore Group PLC (LON:ALD) was released by: Fool.Co.Uk and their article: “3 super growth stocks? Standard Chartered plc, Aldermore Group plc and Tritax …” with publication date: May 12, 2016.

Aldermore Group PLC is an investment holding company. The company has a market cap of 598.10 million GBP. The Firm is a lender supporting the United Kingdom small and medium-sized enterprises , homeowners and landlords. It has a 7.22 P/E ratio.

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