Citigroup reaffirmed their buy rating on shares of AA (LON:AA) in a research report report published on Thursday morning, Digital Look reports. They currently have a GBX 200 ($2.63) price objective on the stock.
Several other research analysts also recently weighed in on the stock. Berenberg Bank dropped their target price on shares of AA from GBX 65 ($0.86) to GBX 50 ($0.66) and set a sell rating on the stock in a research report on Friday, September 27th. Barclays reissued an equal weight rating on shares of AA in a research report on Wednesday, September 25th. Liberum Capital reissued a buy rating on shares of AA in a research report on Wednesday, January 22nd. Finally, Peel Hunt reissued a buy rating on shares of AA in a research report on Thursday, January 9th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 125 ($1.64).
AA stock opened at GBX 52.55 ($0.69) on Thursday. The firm’s 50 day simple moving average is GBX 54.36 and its 200-day simple moving average is GBX 52.20. The company has a market cap of $323.97 million and a P/E ratio of 6.11. AA has a fifty-two week low of GBX 40.50 ($0.53) and a fifty-two week high of GBX 99.64 ($1.31).
AA plc provides roadside assistance, insurance, and driving services in the United Kingdom. It operates through two segments, Roadside and Insurance. The company offers breakdowns cover for cars, motorcycles, caravans, vans, campervans, and towing; car, motorbike, van, and caravan insurance; and loans, savings, mortgage, travel currency card, insurance, and credit card products.
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