Aston Martin Lagonda Global (LON:AML) PT Lowered to GBX 533 at HSBC

Aston Martin Lagonda Global (LON:AML) had its price target cut by HSBC from GBX 1,032 ($13.48) to GBX 533 ($6.96) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports. They currently have a hold rating on the stock.

Other analysts have also recently issued reports about the company. Bank of America set a GBX 550 ($7.19) price target on Aston Martin Lagonda Global and gave the stock a neutral rating in a report on Friday, August 23rd. Sanford C. Bernstein upgraded Aston Martin Lagonda Global to an outperform rating in a report on Monday, May 20th. Panmure Gordon began coverage on Aston Martin Lagonda Global in a report on Thursday, June 20th. They set a sell rating and a GBX 802 ($10.48) price target on the stock. JPMorgan Chase & Co. restated an overweight rating on shares of Aston Martin Lagonda Global in a report on Monday, June 17th. Finally, Goldman Sachs Group set a GBX 1,500 ($19.60) price target on Aston Martin Lagonda Global and gave the stock a buy rating in a report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 1,036.40 ($13.54).

LON:AML opened at GBX 577.80 ($7.55) on Monday. The stock has a market cap of $1.32 billion and a P/E ratio of -9.36. The company has a current ratio of 0.66, a quick ratio of 0.38 and a debt-to-equity ratio of 249.81. The stock’s 50-day moving average is GBX 510.85 and its 200-day moving average is GBX 877.39. Aston Martin Lagonda Global has a 1-year low of GBX 371.10 ($4.85) and a 1-year high of GBX 1,915 ($25.02).

In related news, insider Najeeb Al Humaidhi sold 3,000,000 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The stock was sold at an average price of GBX 982 ($12.83), for a total value of £29,460,000 ($38,494,707.96).

About Aston Martin Lagonda Global

Aston Martin Lagonda Global Holdings plc designs, engineers, manufactures, and sells luxury sports cars under the Aston Martin and Lagonda brands in the United Kingdom and internationally. It also engages in the sale of parts; and the provision of maintenance and accident repair services, as well as the restoration of older Aston Martin model cars.

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Analyst Recommendations for Aston Martin Lagonda Global (LON:AML)

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