Aston Martin Lagonda Global Holdings PLC 22.8% Potential Decrease Indicated by Panmure Gordon

Broker Ratings
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Aston Martin Lagonda Global Holdings PLC with EPIC/TICKER (LON:AML) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘SELL’ this morning by analysts at Panmure Gordon. Aston Martin Lagonda Global Holdings PLC are listed in the Financials sector within UK Main Market. Panmure Gordon have set a target price of 802 GBX on its stock. This now indicates the analyst believes there is a potential downside of -22.8% from today’s opening price of 1038.4 GBX. Over the last 30 and 90 trading days the company share price has increased 156.5 points and decreased 76.6 points respectively. The 52 week high share price is 1915 GBX while the year low stock price is currently 790 GBX.

Aston Martin Lagonda Global Holdings PLC has a 50 day moving average of 958.45 GBX and the 200 Day Moving Average price is recorded at 1,229.05. There are currently 228,002,890 shares in issue with the average daily volume traded being 689,831. Market capitalisation for LON:AML is £2,382,630,200 GBP.

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    Aston Martin's Q1 2024 results show a period of transition with a 26% decline in total wholesale volumes, reflecting the introduction of new models.

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