Peel Hunt Boosts Aldermore Group PLC (LON:ALD) Price Target to GBX 313

Aldermore Group PLC (LON:ALD) had its price objective raised by Peel Hunt from GBX 280 ($3.69) to GBX 313 ($4.13) in a research note published on Monday, October 16th. The brokerage currently has a buy rating on the stock.

Several other analysts have also recently commented on ALD. Liberum Capital restated a buy rating and set a GBX 275 ($3.63) target price on shares of Aldermore Group PLC in a research report on Thursday, August 10th. Numis Securities Ltd restated a hold rating and set a GBX 233 ($3.07) target price on shares of Aldermore Group PLC in a research report on Thursday, August 10th. Investec restated a buy rating and set a GBX 295 ($3.89) target price on shares of Aldermore Group PLC in a research report on Thursday, August 10th. Citigroup Inc. upped their target price on shares of Aldermore Group PLC from GBX 250 ($3.30) to GBX 313 ($4.13) and gave the company a neutral rating in a research report on Monday, October 16th. Finally, Deutsche Bank AG restated a hold rating and set a GBX 210 ($2.77) target price on shares of Aldermore Group PLC in a research report on Tuesday, September 26th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Aldermore Group PLC has a consensus rating of Hold and an average price target of GBX 275.25 ($3.63).

Shares of Aldermore Group PLC (LON ALD) opened at 299.50 on Monday. The stock’s market cap is GBX 1.03 billion. The company has a 50 day moving average price of GBX 249.54 and a 200-day moving average price of GBX 235.89. Aldermore Group PLC has a 12 month low of GBX 162.04 and a 12 month high of GBX 310.00.

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