Aggreko plc 5.9% Potential Decrease Indicated by Morgan Stanley

Broker Ratings
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Aggreko plc using EPIC/TICKER code (LON:AGK) has had its stock rating noted as ‘New Coverage’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Morgan Stanley. Aggreko plc are listed in the Industrials sector within UK Main Market. Morgan Stanley have set a target price of 400 GBX on its stock. This indicates the analyst believes there is a potential downside of -5.9% from the opening price of 425 GBX. Over the last 30 and 90 trading days the company share price has increased 26.4 points and decreased 93 points respectively. The 1 year high for the share price is 881 GBX while the 52 week low is 285.9 GBX.

Aggreko plc has a 50 day moving average of 453.53 GBX and a 200 Day Moving Average share price is recorded at 595.20. There are currently 256,128,201 shares in issue with the average daily volume traded being 719,395. Market capitalisation for LON:AGK is £1,090,593,844 GBP.

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