AA’s (LON:AA) “Buy” Rating Reiterated at Liberum Capital

AA (LON:AA)‘s stock had its “buy” rating reissued by investment analysts at Liberum Capital in a report released on Wednesday, June 5th, ThisIsMoney.Co.Uk reports.

A number of other research analysts have also recently weighed in on AA. Peel Hunt restated a “buy” rating on shares of AA in a report on Wednesday, May 22nd. Berenberg Bank restated a “sell” rating and issued a GBX 65 ($0.85) price objective on shares of AA in a report on Thursday, April 4th. Finally, Jefferies Financial Group reiterated an “underperform” rating on shares of AA in a research note on Tuesday, April 9th. Three analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 106.25 ($1.39).

Shares of AA stock traded down GBX 0.70 ($0.01) during trading on Wednesday, reaching GBX 48.22 ($0.63). The company’s stock had a trading volume of 1,117,121 shares, compared to its average volume of 9,520,000. The firm has a market cap of $296.12 million and a P/E ratio of 6.99. The company has a 50-day simple moving average of GBX 56.37. AA has a 1-year low of GBX 47.08 ($0.62) and a 1-year high of GBX 136.10 ($1.78).

In other news, insider John L. Leach acquired 57,188 shares of the company’s stock in a transaction on Tuesday, May 28th. The shares were bought at an average cost of GBX 59 ($0.77) per share, with a total value of £33,740.92 ($44,088.49). Also, insider Simon Breakwell acquired 96,444 shares of the company’s stock in a transaction on Tuesday, May 7th. The stock was purchased at an average cost of GBX 74 ($0.97) per share, for a total transaction of £71,368.56 ($93,255.66). Insiders acquired a total of 153,814 shares of company stock worth $10,526,054 over the last three months.

About AA

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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Analyst Recommendations for AA (LON:AA)

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