AA (LON:AA) Given Buy Rating at Liberum Capital

Liberum Capital reissued their buy rating on shares of AA (LON:AA) in a report released on Tuesday, Digital Look reports. The firm currently has a GBX 130 ($1.71) price objective on the stock.

Other equities analysts also recently issued research reports about the company. Peel Hunt reiterated a buy rating on shares of AA in a research note on Monday, February 10th. Citigroup reiterated a buy rating and issued a GBX 200 ($2.63) price objective on shares of AA in a research note on Thursday, January 23rd. Finally, Berenberg Bank dropped their price objective on AA from GBX 50 ($0.66) to GBX 30 ($0.39) and set a sell rating on the stock in a research note on Wednesday, February 5th. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of GBX 120 ($1.58).

AA stock opened at GBX 44.92 ($0.59) on Tuesday. AA has a 12 month low of GBX 40.50 ($0.53) and a 12 month high of GBX 99.64 ($1.31). The business’s 50 day simple moving average is GBX 52.62 and its 200 day simple moving average is GBX 51.93. The company has a market cap of $277.04 million and a price-to-earnings ratio of 5.22.

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.

Read More: Why do analysts give a neutral rating?

Analyst Recommendations for AA (LON:AA)

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