Shore Capital Initiates Coverage on Amigo (AMGO)

Stock analysts at Shore Capital began coverage on shares of Amigo (LON:AMGO) in a research report issued on Friday. The brokerage set a “hold” rating and a GBX 245 ($3.20) price target on the stock. Shore Capital’s target price suggests a potential downside of 2.00% from the company’s previous close.

A number of other research analysts have also recently weighed in on the stock. Berenberg Bank assumed coverage on shares of Amigo in a research report on Tuesday, October 30th. They set a “hold” rating and a GBX 240 ($3.14) price target on the stock. Numis Securities cut shares of Amigo to an “add” rating in a research report on Thursday, August 30th. Royal Bank of Canada assumed coverage on shares of Amigo in a research report on Thursday, August 9th. They set an “outperform” rating and a GBX 350 ($4.57) price target on the stock. JPMorgan Chase & Co. assumed coverage on shares of Amigo in a research report on Thursday, August 9th. They set an “overweight” rating and a GBX 335 ($4.38) price target on the stock. Finally, Macquarie assumed coverage on shares of Amigo in a research report on Thursday, August 9th. They set an “outperform” rating and a GBX 350 ($4.57) price target on the stock. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Amigo currently has a consensus rating of “Buy” and an average price target of GBX 308.33 ($4.03).

Shares of AMGO stock opened at GBX 250 ($3.27) on Friday.

Amigo Company Profile

Amigo Holdings PLC, through its subsidiaries, provides guarantor loans to individuals in the United Kingdom. The company was founded in 2005 and is based in Bournemouth, the United Kingdom. Amigo Holdings PLC is a subsidiary of Richmond Group Limited.

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Analyst Recommendations for Amigo (LON:AMGO)

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