Aggreko plc Increases Again; Strong Momentum for Buyers

 Aggreko plc Increases Again; Strong Momentum for Buyers

The stock of Aggreko plc (LON:AGK) is a huge mover today! The stock increased 2.89% or GBX 22.15 on November 3, hitting GBX 787.65. About 2.20M shares traded hands or 81.82% up from the average. Aggreko plc (LON:AGK) has declined 24.76% since April 6, 2016 and is downtrending. It has underperformed by 25.98% the S&P500.
The move comes after 9 months positive chart setup for the GBX 2.02 billion company. It was reported on Nov, 3 by Barchart.com. We have GBX 1110.59 PT which if reached, will make LON:AGK worth GBX 828.20 million more.

Aggreko plc (LON:AGK) Ratings Coverage

Out of 18 analysts covering Aggreko PLC (LON:AGK), 1 rate it a “Buy”, 9 “Sell”, while 8 “Hold”. This means 6% are positive. Aggreko PLC has been the topic of 97 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock has “Underwt/In-Line” rating given by Morgan Stanley on Thursday, March 3. The company was maintained on Monday, February 1 by Deutsche Bank. The stock has “Neutral” rating given by JP Morgan on Monday, July 27. The firm has “Buy” rating by AlphaValue given on Thursday, July 23. The firm earned “Hold” rating on Tuesday, November 10 by Deutsche Bank. The stock has “Equal Weight” rating given by Barclays Capital on Friday, August 7. Jefferies maintained Aggreko plc (LON:AGK) on Tuesday, November 10 with “Underperform” rating. The company was maintained on Friday, March 4 by JP Morgan. The company was maintained on Monday, July 27 by UBS. The firm earned “Hold” rating on Wednesday, July 13 by Peel Hunt.

More news for Aggreko plc (LON:AGK) were recently published by: Fool.Co.Uk, which released: “Aggreko plc Slumps 15%+ After Disastrous Trading Update” on July 24, 2015. Fool.Co.Uk‘s article titled: “Do today’s results make Aggreko plc and Weir Group plc better income stocks …” and published on April 28, 2016 is yet another important article.

Aggreko plc is a United Kingdom-based well-known provider of modular, mobile power and related solutions. The company has a market cap of 2.02 billion GBP. The Company’s divisions include Power Solutions and Rental Solutions. It has a 15.55 P/E ratio. The Power Solutions segment provides solutions for power requirements.

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