Aston Martin Lagonda Global (LON:AML) Price Target Lowered to GBX 3,700 at Jefferies Financial Group

Key Points

• Jefferies lowered Aston Martin Lagonda Global’s price target from GBX 4,100 to GBX 3,700 while maintaining a “Hold” rating.
• Other analysts also remain cautious, with Deutsche Bank and Citigroup setting GBX 40 targets; the broader analyst consensus is “Hold” with a GBX 959.50 target.
• The stock opened at GBX 34.98, near its 52-week low, while the company continues to report significant financial weakness, including negative earnings, a 166.57% negative return on equity and a 36.66% negative net margin.

Aston Martin Lagonda Global (LON:AML - Get Free Report) had its price objective cut by equities researchers at Jefferies Financial Group from GBX 4,100 to GBX 3,700 in a research note issued to investors on Wednesday,Digital Look reports. The brokerage presently has a "hold" rating on the stock.

A number of other equities analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a "hold" rating for the company in a research note on Thursday, July 30th. Citigroup cut their price target on shares of Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a "neutral" rating on the stock in a research report on Monday, August 3rd. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Aston Martin Lagonda Global currently has an average rating of "Hold" and a consensus target price of GBX 959.50.

Aston Martin Lagonda Global Stock Performance

LON:AML opened at GBX 34.98 on Wednesday. The company has a debt-to-equity ratio of 893.66, a quick ratio of 0.71 and a current ratio of 0.93. Aston Martin Lagonda Global has a fifty-two week low of GBX 33.04 and a fifty-two week high of GBX 86.80. The company has a 50 day simple moving average of GBX 36.50 and a two-hundred day simple moving average of GBX 42.40. The company has a market capitalization of £355.00 million, a PE ratio of -0.70, a P/E/G ratio of 0.03 and a beta of 1.97.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported GBX (15.20) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative return on equity of 166.57% and a negative net margin of 36.66%. Research analysts anticipate that Aston Martin Lagonda Global will post 3.0755403 earnings per share for the current year.

Aston Martin Lagonda Global Company Profile

Aston Martin's vision is to be the world's most desirable, ultra-luxury British brand, creating the most exquisitely addictive performance cars. Founded in 1913 by Lionel Martin and Robert Bamford, Aston Martin is acknowledged as an iconic global brand synonymous with style, luxury, performance, and exclusivity. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including the Vantage, DB12, Vanquish, DBX and its first mid-engined plug-in hybrid, Valhalla.

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