Aston Martin Lagonda Global (LON:AML) Price Target Cut to GBX 62 by Analysts at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. has reduced its price target for Aston Martin Lagonda Global from GBX 75 to GBX 62, indicating a potential downside of 12.86%.
• Shares of Aston Martin Lagonda Global recently declined by 2.7%, trading at GBX 71.15, with a market capitalization of £720.05 million.
• Deutsche Bank has maintained a "hold" rating with a target price of GBX 95, while the overall average rating for the stock is also "Hold" at GBX 78.50.

Aston Martin Lagonda Global (LON:AML - Get Free Report) had its price objective dropped by JPMorgan Chase & Co. from GBX 75 to GBX 62 in a report issued on Tuesday,Digital Look reports. The firm presently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price target suggests a potential downside of 12.86% from the company's previous close.

Separately, Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a GBX 95 target price on shares of Aston Martin Lagonda Global in a research report on Thursday, July 31st. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, Aston Martin Lagonda Global presently has an average rating of "Hold" and an average price target of GBX 78.50.

Aston Martin Lagonda Global Stock Down 2.7%

Shares of Aston Martin Lagonda Global stock traded down GBX 1.95 during trading on Tuesday, hitting GBX 71.15. 12,553,709 shares of the stock were exchanged, compared to its average volume of 3,347,207. The stock has a market cap of £720.05 million, a price-to-earnings ratio of -243.66, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The firm's 50-day moving average price is GBX 75.88 and its 200 day moving average price is GBX 75.68. 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 has a 12-month low of GBX 56 and a 12-month high of GBX 124.

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

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