Analysts Set Aldermore Group PLC (ALD) Price Target at $287.46

Aldermore Group PLC (LON:ALD) has been assigned an average rating of “Hold” from the fifteen brokerages that are covering the company, MarketBeat Ratings reports. Eleven research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 287.46 ($3.97).

Several analysts have commented on ALD shares. Peel Hunt reissued a “buy” rating and set a GBX 313 ($4.32) price target on shares of Aldermore Group in a research report on Monday, November 6th. Liberum Capital lowered shares of Aldermore Group to a “hold” rating and increased their price target for the company from GBX 275 ($3.80) to GBX 313 ($4.32) in a research report on Friday, October 27th. Investec reissued a “hold” rating and set a GBX 313 ($4.32) price target on shares of Aldermore Group in a research report on Monday, November 6th. Canaccord Genuity Group reissued a “hold” rating and set a GBX 313 ($4.32) price target on shares of Aldermore Group in a research report on Monday, November 6th. Finally, Canaccord Genuity reissued a “hold” rating and set a GBX 313 ($4.32) price target on shares of Aldermore Group in a research report on Monday, November 6th.

Aldermore Group (ALD) traded up GBX 0.80 ($0.01) during trading hours on Tuesday, reaching GBX 312 ($4.31). 100,225 shares of the company were exchanged, compared to its average volume of 482,472. Aldermore Group has a 52 week low of GBX 208.40 ($2.88) and a 52 week high of GBX 313 ($4.32). The stock has a market capitalization of $1,070.00 and a price-to-earnings ratio of 1,040.00.

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Aldermore Group Company Profile

Aldermore Group PLC is an investment holding company. The Company is a lender supporting the United Kingdom small and medium-sized enterprises (SMEs), homeowners and landlords. Its segments include Residential Mortgages, which includes prime residential mortgages targeting underserved segments of borrowers that provide sustainable margins; SME Commercial Mortgages segment, which includes property finance for professional, residential or commercial property investors and owner occupier SMEs; Buy-to-Let segment, which offers Buy-to-Let mortgages for residential units, multi-unit freehold or houses with multiple occupation to both individuals and companies; Asset Finance segment, which includes lease and hire purchase financing for SMEs, and focuses on sectors with returns and liquid secondary asset markets; Invoice Finance segment, which provides the United Kingdom SMEs with working capital solutions through invoice discounting, factoring and asset based lending, and Central Functions.

Analyst Recommendations for Aldermore Group (LON:ALD)

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