November 30, 2016 - By Linda Rogers
The firm have set target price of GBX 200.00 on Aldermore Group PLC (LON:ALD) shares. This is -5.57% from the previous stock close. In a research report issued to clients on 30 November, Exane BNP Paribas restate their “Neutral” rating on shares of ALD.
Out of 13 analysts covering Aldermore Group (LON:ALD), 8 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 62% are positive. GBX 340 is the highest target while GBX 120 is the lowest. The GBX 224.17 average target is 6.39% above today’s (GBX 210.7) stock price. Aldermore Group has been the topic of 104 analyst reports since August 18, 2015 according to StockzIntelligence Inc. JP Morgan maintained the stock with “Overweight” rating in Friday, March 11 report. The rating was maintained by Deutsche Bank on Friday, November 6 with “Buy”. The rating was maintained by JP Morgan with “Overweight” on Friday, May 13. The stock of Aldermore Group PLC (LON:ALD) has “Hold” rating given on Wednesday, September 14 by Peel Hunt. BNP Paribas maintained Aldermore Group PLC (LON:ALD) on Wednesday, November 30 with “Neutral” rating. The firm has “Buy” rating given on Tuesday, December 1 by Investec. The rating was maintained by Barclays Capital on Friday, May 20 with “Equal Weight”. The firm earned “Hold” rating on Tuesday, August 16 by Deutsche Bank. Nomura maintained the stock with “Buy” rating in Monday, August 24 report. The firm has “Overweight” rating given on Friday, November 13 by JP Morgan.
About 407,734 shares traded hands. Aldermore Group PLC (LON:ALD) has risen 11.33% since April 29, 2016 and is uptrending. It has outperformed by 6.10% the S&P500.
Insitutional Activity: The institutional sentiment increased to 1 in Q2 2016. Its up 1.00, from 0 in 2016Q1. The ratio increased, as 0 funds sold all Aldermore Group PLC shares owned while 1 reduced positions. 0 funds bought stakes while 0 increased positions. They now own 10,601 shares or 8.90% less from 11,637 shares in 2016Q1.
Pnc reported 1,003 shares or 0% of all its holdings. The California-based Kcm Investment Advisors Lc has invested 0.02% in Aldermore Group PLC (LON:ALD).
Aldermore Group PLC is an investment holding company. The company has a market cap of 726.37 million GBP. The Firm is a lender supporting the United Kingdom small and medium-sized enterprises , homeowners and landlords. It has a 8.77 P/E ratio.
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.
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By Linda Rogers