JPMorgan Chase & Co. Trims Aston Martin Lagonda Global (LON:AML) Target Price to GBX 225

Aston Martin Lagonda Global (LON:AML) had its price objective reduced by JPMorgan Chase & Co. from GBX 260 ($3.27) to GBX 225 ($2.83) in a research report sent to investors on Thursday morning, MarketBeat reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Separately, Barclays reiterated an overweight rating and issued a GBX 300 ($3.77) target price on shares of Aston Martin Lagonda Global in a research report on Thursday, February 29th.

Aston Martin Lagonda Global Stock Up 4.3 %

Shares of LON AML opened at GBX 138.90 ($1.74) on Thursday. The company’s 50-day simple moving average is GBX 161.93 and its 200-day simple moving average is GBX 191. Aston Martin Lagonda Global has a 52-week low of GBX 132.40 ($1.66) and a 52-week high of GBX 396.20 ($4.98). The firm has a market cap of £1.14 billion, a price-to-earnings ratio of -448.06, a price-to-earnings-growth ratio of 0.03 and a beta of 2.07. The company has a quick ratio of 0.71, a current ratio of 1.00 and a debt-to-equity ratio of 130.72.

Insider Activity at Aston Martin Lagonda Global

In other Aston Martin Lagonda Global news, insider Nigel Boardman acquired 36,607 shares of the company’s stock in a transaction that occurred on Thursday, May 2nd. The stock was bought at an average price of GBX 136 ($1.71) per share, with a total value of £49,785.52 ($62,536.77). 55.59% of the stock is owned by corporate insiders.

Aston Martin Lagonda Global Company Profile

Aston Martin Lagonda Global Holdings plc engages in the design, development, manufacture, and marketing of luxury sports cars worldwide. It also engages in the sale of parts; sale of vehicles; servicing and restoration of vehicles; and brand licensing and motorsport activities. The company sells its vehicles through a network of dealers.