Aston Martin Lagonda Global (LON:AML) Given New GBX 85 Price Target at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank has lowered its price target for Aston Martin Lagonda Global from GBX 90 to GBX 85, maintaining a "hold" rating.
• JPMorgan Chase also reduced its target price for the company from GBX 75 to GBX 62, assigning a "neutral" rating.
• Aston Martin Lagonda Global shares fell 3.6% during trading on Monday, reaching GBX 70.50, against a backdrop of significant financial metrics, including a negative net margin of 21.42% and a high debt-to-equity ratio of 179.38.

Aston Martin Lagonda Global (LON:AML - Get Free Report) had its target price dropped by analysts at Deutsche Bank Aktiengesellschaft from GBX 90 to GBX 85 in a report released on Monday,London Stock Exchange reports. The firm currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's target price suggests a potential upside of 20.57% from the stock's previous close.

Separately, JPMorgan Chase & Co. reduced their price objective on shares of Aston Martin Lagonda Global from GBX 75 to GBX 62 and set a "neutral" rating for the company in a research note on Tuesday. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of GBX 73.50.

Aston Martin Lagonda Global Stock Down 3.6%

Shares of AML stock traded down GBX 2.60 during trading hours on Monday, reaching GBX 70.50. The company had a trading volume of 2,610,534 shares, compared to its average volume of 3,295,953. The business has a fifty day simple moving average of GBX 75.88 and a 200-day simple moving average of GBX 75.68. Aston Martin Lagonda Global has a 12 month low of GBX 56 and a 12 month high of GBX 124. The company has a market cap of £713.47 million, a price-to-earnings ratio of -241.44, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The company has a debt-to-equity ratio of 179.38, a current ratio of 0.88 and a quick ratio of 0.71.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported GBX (14.60) earnings per share for the quarter. Aston Martin Lagonda Global had a negative net margin of 21.42% and a negative return on equity of 48.19%. On average, research analysts expect that Aston Martin Lagonda Global will post 3.0755403 earnings per share for the current fiscal 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.

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