Aston Martin Lagonda Global's (AML) "Hold" Rating Reiterated at Jefferies Financial Group

Key Points

• Jefferies reiterated its “Hold” rating on Aston Martin Lagonda Global and maintained a GBX 37 price target, implying approximately 4.94% downside from the prior close.
• The broader analyst consensus is also “Hold”, with a consensus target price of GBX 43.75; Citigroup and Deutsche Bank recently cut their targets to GBX 40.
• Aston Martin shares rose 1.8% to open at GBX 38.92, while the company continues to report weak financial metrics, including negative earnings, a negative net margin, and a debt-to-equity ratio of 893.66.

Aston Martin Lagonda Global (LON:AML - Get Free Report)'s stock had its "hold" rating restated by stock analysts at Jefferies Financial Group in a report issued on Thursday, Digital Look reports. They presently have a GBX 37 price objective on the stock. Jefferies Financial Group's price target would indicate a potential downside of 4.94% from the stock's previous close.

Several other research firms have also recently commented on AML. Citigroup lowered their target price on Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a "neutral" rating for the company in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reduced their price target on Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a "hold" rating for the company in a research report on Thursday, July 30th. Four analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, Aston Martin Lagonda Global presently has a consensus rating of "Hold" and a consensus target price of GBX 43.75.

Aston Martin Lagonda Global Stock Up 1.8%

Shares of Aston Martin Lagonda Global stock opened at GBX 38.92 on Thursday. The company has a quick ratio of 0.71, a current ratio of 0.93 and a debt-to-equity ratio of 893.66. The stock has a 50 day moving average price of GBX 35.05 and a two-hundred day moving average price of GBX 42.47. The stock has a market capitalization of £395.03 million, a P/E ratio of -0.78, a PEG ratio of 0.03 and a beta of 1.94. Aston Martin Lagonda Global has a 12-month low of GBX 32 and a 12-month high of GBX 67.46.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported GBX (15.20) earnings per share for the quarter. Aston Martin Lagonda Global had a negative return on equity of 166.57% and a negative net margin of 36.66%. Equities analysts expect that Aston Martin Lagonda Global will post 3.08 earnings per share for the current year.

About Aston Martin Lagonda Global

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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