AA (AA) Price Target Lowered to GBX 140 at Credit Suisse Group

AA (LON:AA) had its target price decreased by Credit Suisse Group from GBX 150 ($2.01) to GBX 140 ($1.87) in a research note published on Wednesday morning. Credit Suisse Group currently has an underperform rating on the stock.

Several other brokerages have also recently commented on AA. Berenberg Bank cut shares of AA to a hold rating and lowered their target price for the stock from GBX 315 ($4.21) to GBX 170 ($2.27) in a report on Thursday, October 12th. Liberum Capital reaffirmed a buy rating and set a GBX 250 ($3.34) target price on shares of AA in a report on Friday, November 10th. Finally, Jefferies Group lowered their target price on shares of AA from GBX 150 ($2.01) to GBX 125 ($1.67) and set an underperform rating on the stock in a report on Wednesday, September 27th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. AA currently has an average rating of Hold and an average price target of GBX 217.50 ($2.91).

Shares of AA (AA) traded down GBX 12.30 ($0.16) during mid-day trading on Wednesday, reaching GBX 164.25 ($2.20). 3,601,380 shares of the company’s stock traded hands, compared to its average volume of 3,090,000. The firm has a market capitalization of $1,030.00 and a P/E ratio of 1,026.56. AA has a 1 year low of GBX 147.50 ($1.97) and a 1 year high of GBX 283.20 ($3.79).

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About AA

AA plc (AA) offers roadside assistance service. The Company’s segments include Roadside Assistance, Insurance Services, Driving Services, Ireland, Insurance Underwriting and Head Office costs. The Roadside Assistance segment sends patrols to members stranded at the side of the road and repairs their vehicles.

Analyst Recommendations for AA (LON:AA)

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