Aggreko plc Price Target Cut to $31.57 by Analysts at Citigroup (AGK)

Research analysts at Citigroup cut their target price on shares of Aggreko plc (LON: AGK) from $38.33 (2550 GBX) to $31.57 (2100 GBX) in a report released on Wednesday. The firm currently has a “buy” rating on the stock.

Aggreko plc opened at 1731.00 on Wednesday. Aggreko plc has a 52-week low of GBX 1548.00 and a 52-week high of GBX 2415.00. The stock’s 50-day moving average is currently GBX 2332.. The company’s market cap is £4.642 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Aggreko plc in a research note to investors on Tuesday. They now have a $25.26 price target on the stock. Separately, analysts at JP Morgan Cazenove raised their price target on shares of Aggreko plc from $27.74 to $28.11 in a research note to investors on Monday. They now have a “neutral” rating on the stock. Finally, analysts at JPMorgan Chase raised their price target on shares of Aggreko plc from $27.74 to $28.11 in a research note to investors on Monday. They now have a “neutral” rating on the stock.

Aggreko plc (Aggreko) provides power and temperature control solutions to customers who need them either very quickly, or for a short or indeterminate length of time.

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