Could Ab Dynamics PLC Change Direction After Today’s Huge Increase?

 Could Ab Dynamics PLC Change Direction After Today's Huge Increase?

The stock of Ab Dynamics PLC (LON:ABDP) is a huge mover today! The stock increased 4.37% or GBX 21.1 on November 18, hitting GBX 503.6. About 38,780 shares traded hands or 158.67% up from the average. Ab Dynamics PLC (LON:ABDP) has risen 11.82% since April 21, 2016 and is uptrending. It has outperformed by 7.39% the S&P500.
The move comes after 7 months positive chart setup for the GBX 92.33 million company. It was reported on Nov, 18 by Barchart.com. We have GBX 951.80 PT which if reached, will make LON:ABDP worth GBX 82.17M more.

Ab Dynamics PLC (LON:ABDP) Ratings Coverage

Out of 2 analysts covering AB Dynamics Plc (LON:ABDP), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. GBX 524 is the highest target while GBX 264 is the lowest. The GBX 519.50 average target is 3.16% above today’s (GBX 503.6) stock price. AB Dynamics Plc has been the topic of 12 analyst reports since October 8, 2015 according to StockzIntelligence Inc. On Thursday, November 12 the stock rating was upgraded by Panmure Gordon to “Buy”. Cantor Fitzgerald maintained it with “Hold” rating and GBX 465 target price in Thursday, August 4 report. The stock has “Hold” rating given by Cantor Fitzgerald on Thursday, November 19. Panmure Gordon maintained Ab Dynamics PLC (LON:ABDP) rating on Thursday, October 8. Panmure Gordon has “Hold” rating and GBX 264 price target. Panmure Gordon maintained Ab Dynamics PLC (LON:ABDP) rating on Tuesday, October 4. Panmure Gordon has “Buy” rating and GBX 524 price target. The stock of Ab Dynamics PLC (LON:ABDP) earned “Hold” rating by Cantor Fitzgerald on Tuesday, October 4. The stock of Ab Dynamics PLC (LON:ABDP) earned “Hold” rating by Cantor Fitzgerald on Tuesday, April 26. As per Thursday, November 12, the company rating was maintained by Cantor Fitzgerald. Cantor Fitzgerald maintained it with “Hold” rating and GBX 515 target price in Wednesday, November 16 report. The rating was maintained by Cantor Fitzgerald on Thursday, October 8 with “Buy”.

Ab Dynamics PLC is a United Kingdom firm engaged in the design, manufacture and supply to the global automotive industry of advanced testing and measurement products for vehicle suspension, brakes and steering both in the laboratory and on the test track. The company has a market cap of 92.33 million GBP. The Company’s products service include Kinematics and compliance testing, Vehicle dynamics testing on the track, Driver assistance system testing, Driverless vehicle track testing, Steering system testing and Noise/vibration testing of power train assemblies. It has a 23.1 P/E ratio.

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