FY2018 Earnings Forecast for Aggreko PLC Issued By Jefferies Group (OTCMKTS:ARGKF)

Aggreko PLC (OTCMKTS:ARGKF) – Jefferies Group increased their FY2018 EPS estimates for shares of Aggreko in a note issued to investors on Monday, according to Zacks Investment Research. Jefferies Group analyst W. Kirkness now expects that the company will earn $0.92 per share for the year, up from their prior estimate of $0.85. Jefferies Group currently has a “Buy” rating on the stock. Jefferies Group also issued estimates for Aggreko’s FY2019 earnings at $1.00 EPS.

ARGKF has been the subject of several other research reports. Zacks Investment Research raised shares of Aggreko from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research note on Friday, August 4th. ValuEngine raised shares of Aggreko from a “hold” rating to a “buy” rating in a research note on Monday, October 23rd. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Aggreko presently has a consensus rating of “Hold” and an average target price of $14.00.

Aggreko (OTCMKTS:ARGKF) opened at $11.20 on Tuesday. Aggreko has a one year low of $9.63 and a one year high of $13.46. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.50 and a current ratio of 1.94.

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About Aggreko

Aggreko plc is a United Kingdom-based company, which is a provider of modular, mobile power and related solutions. The Company’s segments include Power Solutions and Rental Solutions. The Power Solutions segment provides solutions for power requirements. The Power Solutions segment has two businesses: utility and industrial.

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