Having a price of 144.35GBX, Aldermore Group PLC (LON:ALD) traded 2.33% higher on the day. With the last close down 21.63% from the 200-day moving average, compared with the S&P 500 which has raised 0.00% over the same time. ALD has recorded a 50-day average of 136.70GBX and 200-day average of 184.77GBX. Trading volume was was down over the average, with 537,773 shares of ALD changing hands under the typical 1,234,290 shares.
Reporting a possible upside of 0.14%, Exane BNP Paribas held the target price of Aldermore Group PLC (LON:ALD) at 165GBX
Previously on Friday August 12 2016, JP Morgan Cazenove released a statement on Aldermore Group PLC(LON:ALD) recommending “Neutral” with a target price of 165GBX. At the time, this suggested an upside of 0.00%.
Also covering Aldermore Group PLC’s stock price target, a total of 14 brokerages have released a ratings update on the stock. The one year target stock price is 221.21GBX with three analysts rating the stock a strong buy, six analysts rating the company a buy, five firms rating the stock a hold, one brokerage rating the company to underperform, and finally zero firmsrating the stock as sell.
Aldermore Group PLC has a one-year low of 102.00GBX and a 52 week high of 308.90GBX with a P/E ratio of 6 and has a market cap of 499.2M GBX.
Brief Synopsis On Aldermore Group PLC (LON:ALD)
Aldermore Group PLC is an investment holding company. The Company is a lender supporting the United Kingdom small and medium-sized enterprises (SMEs), homeowners and landlords. Its segments include Residential Mortgages, which includes prime residential mortgages targeting underserved segments of borrowers that provide sustainable margins; SME Commercial Mortgages segment, which includes property finance for professional, residential or commercial property investors and owner occupier SMEs; Buy-to-Let segment, which offers Buy-to-Let mortgages for residential units, multi-unit freehold or houses with multiple occupation to both individuals and companies; Asset Finance segment, which includes lease and hire purchase financing for SMEs, and focuses on sectors with returns and liquid secondary asset markets; Invoice Finance segment, which provides the United Kingdom SMEs with working capital solutions through invoice discounting, factoring and asset based lending, and and Central Functions.