Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Given Average Rating of "Hold" by Analysts

Key Points

• Shares of Aston Martin Lagonda (OTCMKTS:ARGGY) carry an average analyst recommendation of Hold from six firms, with Sanford C. Bernstein downgrading from "strong-buy" to hold and Goldman Sachs initiating coverage with a hold.
• ARGGY opened at $0.58, trading close to its 12‑month low of $0.54 (12‑month high $1.22) and sitting below both its 50‑day ($0.77) and 200‑day ($0.84) simple moving averages.
• Aston Martin Lagonda is the holding company for the British luxury performance automaker (DB series, Vantage, DBX, Valkyrie/Valhalla) and is developing all‑electric ultra‑luxury vehicles under the Lagonda marque.

Shares of Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY - Get Free Report) have earned an average recommendation of "Hold" from the six research firms that are covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating.

ARGGY has been the topic of several analyst reports. HSBC reissued a "hold" rating on shares of Aston Martin Lagonda Global in a research report on Tuesday, January 13th. Sanford C. Bernstein downgraded Aston Martin Lagonda Global from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Aston Martin Lagonda Global in a research report on Monday, February 23rd. Finally, The Goldman Sachs Group began coverage on Aston Martin Lagonda Global in a report on Sunday, November 23rd. They set a "hold" rating for the company.

Aston Martin Lagonda Global Price Performance

Shares of ARGGY stock opened at $0.58 on Thursday. Aston Martin Lagonda Global has a 12 month low of $0.54 and a 12 month high of $1.22. The company's fifty day simple moving average is $0.77 and its 200-day simple moving average is $0.84.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.

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