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Home / Ranges / Aggreko (AGK.L) 07-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Aggreko (AGK.L) 07-02-20

Will shares break support, or will Aggreko (AGK.L) continue within the current range and return to teh range highs at 854p? (+11%)

 

  • Currently trading around the 774p support at 771p (at time of writing).
  • The range has proven robust to date. Will the pattern repeat?
  • The price has traded within this range for some time. However, traders should be mindful of stop-loss placement.
  • Will the price continue in this range, bouncing once again to recent highs of 854p? (+11%).
  • Shares -11% from 12-month highs; +9% from 12 month lows.

Latest News

27 Jan:  Berenberg reiterates its sell rating on Aggreko (AGK) and increased the target price to 650p (from 600p).

08 Jan:  UBS reiterates its sell rating on Aggreko (AGK) and increased the target price to 700p (from 640p).

25 Nov:  RBC Capital Markets reiterates its outperform rating on Aggreko (AGK) and reduced the target price to 960p (from 1000p).

05 Nov:  Credit Suisse has upgraded its rating on Aggreko (AGK) to outperform (from neutral) and increased the target price to 905p (from 750p).

04 Oct:  Berenberg reiterates its sell rating on Aggreko (AGK) and reduced the target price to 600p (from 770p).

03 Oct:  Peter Kennerley, Executive Director, bought 41 shares within the firm on the 1st October 2019 at a price of 829.80p. This Director currently has 14,114 shares.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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