AB Dynamics (LON:ABDP) Receives "Hold" Rating from Jefferies Financial Group

Key Points

• Jefferies reissued a "Hold" on AB Dynamics with a GBX 1,370 price target, implying roughly a 23.4% upside from the current share price.
• Broker consensus remains a Moderate Buy (four Buys, one Hold) with a higher consensus target of GBX 2,116, and Shore Capital recently reiterated a "Buy" rating.
• Shares opened at GBX 1,110 (down about 2.6%), the stock has a market cap of £254.08m, a P/E of 21.55, and a 12‑month range of GBX 1,000–1,900.

AB Dynamics (LON:ABDP - Get Free Report)'s stock had its "hold" rating reissued by research analysts at Jefferies Financial Group in a research note issued to investors on Tuesday,Digital Look reports. They currently have a GBX 1,370 price target on the stock. Jefferies Financial Group's target price would suggest a potential upside of 23.42% from the stock's current price.

Separately, Shore Capital Group reiterated a "buy" rating on shares of AB Dynamics in a research note on Thursday, March 12th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of GBX 2,116.

AB Dynamics Trading Down 2.6%

Shares of ABDP stock opened at GBX 1,110 on Tuesday. AB Dynamics has a 12-month low of GBX 1,000 and a 12-month high of GBX 1,900. The company has a current ratio of 2.21, a quick ratio of 2.10 and a debt-to-equity ratio of 2.36. The firm's 50 day moving average is GBX 1,191.83 and its 200 day moving average is GBX 1,268.59. The stock has a market capitalization of £254.08 million, a P/E ratio of 21.55, a P/E/G ratio of 1.74 and a beta of 0.26.

About AB Dynamics

AB Dynamics plc designs, develops, manufactures, and supplies vehicle test and development systems, and verification products and services for driver assistance systems, autonomous system, and vehicle dynamics. The company offers advanced vehicle testing solutions from physical proving ground automation to large scale virtual testing in simulation; rFpro, a simulation environment for the automotive and motorsport industries; and full-scale track testing services, including ADAS and vehicle dynamics tests, along with applied research, human factors, and simulation.

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