Free Trial

Aston Martin Lagonda Global (LON:AML) Stock Price Down 12.6% After Analyst Downgrade

Aston Martin Lagonda Global logo with Consumer Cyclical background

Key Points

  • Aston Martin Lagonda Global's stock price dropped by 12.6% after Citigroup downgraded its price target from GBX 96 to GBX 75.
  • Other analysts have also lowered their target prices, with Deutsche Bank setting it at GBX 85 and JPMorgan Chase at GBX 62, maintaining a "hold" or "neutral" rating.
  • The company has reported a negative earnings per share of GBX (14.60) and a concerning debt-to-equity ratio of 179.38, indicating financial instability.
  • MarketBeat previews top five stocks to own in November.

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) shares dropped 12.6% on Thursday after Citigroup lowered their price target on the stock from GBX 96 to GBX 75. Citigroup currently has a neutral rating on the stock. Aston Martin Lagonda Global traded as low as GBX 58.50 ($0.78) and last traded at GBX 58.55 ($0.78). Approximately 9,364,873 shares were traded during mid-day trading, an increase of 181% from the average daily volume of 3,334,297 shares. The stock had previously closed at GBX 67 ($0.89).

Other research analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft cut their target price on Aston Martin Lagonda Global from GBX 90 to GBX 85 and set a "hold" rating for the company in a research note on Monday. JPMorgan Chase & Co. dropped their price objective on Aston Martin Lagonda Global from GBX 75 to GBX 62 and set a "neutral" rating on the stock in a research report on Tuesday. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Aston Martin Lagonda Global has an average rating of "Hold" and an average target price of GBX 74.

Check Out Our Latest Stock Analysis on AML

Aston Martin Lagonda Global Stock Performance

The firm has a market capitalization of £592.54 million, a PE ratio of -200.51, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The firm has a 50-day moving average price of GBX 75.40 and a 200 day moving average price of GBX 75.48. The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported GBX (14.60) 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%. Research analysts expect that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current year.

Aston Martin Lagonda Global Company Profile

(Get Free Report)

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Aston Martin Lagonda Global Right Now?

Before you consider Aston Martin Lagonda Global, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aston Martin Lagonda Global wasn't on the list.

While Aston Martin Lagonda Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.