Aldermore Group PLC's (LON:ALD) "Buy" Rating Reiterated at Investec

Marco Green
July 16, 2017

Numis Securities Ltd reissued an under review rating on shares of Aldermore Group PLC in a report on Thursday, March 2nd. Peel Hunt lowered shares of Aldermore Group PLC to an "add" rating and set a GBX 275 ($3.56) price objective on the a report on Thursday, May 11th.

Other research analysts have also issued research reports about the company. Credit Suisse Group reissued an "outperform" rating and issued a GBX 450 ($5.83) price target on shares of OneSavings Bank PLC in a report on Thursday, July 6th. HSBC Holdings plc cut their target price on BT Group PLC from GBX 420 ($5.44) to GBX 370 ($4.79) and set a buy rating for the company in a research note on Friday, April 21st. Liberum Capital reissued a "buy" rating and issued a GBX 495 ($6.41) price target on shares of OneSavings Bank PLC in a report on Wednesday, May 3rd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. The shares were bought at an average price of GBX 55 ($0.71) per share, with a total value of £39,068.15 ($50,606.41).

Polypipe Group PLC (LON:PLP) traded down 0.41% during midday trading on Monday, hitting GBX 389.40. 611,237 shares of the company traded hands. GKN plc has a one year low of GBX 253.68 and a one year high of GBX 379.30. The stock's market cap is GBX 772.12 million.

About Reckitt Benckiser Group Plc Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The utilities provider reported $0.52 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.48 by $0.04.

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OneSavings Bank PLC (LON:OSB) has received an average recommendation of "Buy" from the fourteen analysts that are presently covering the stock, MarketBeat reports.

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The business also recently declared a dividend, which will be paid on Friday, August 4th. Investors of record on Thursday, July 6th will be paid a dividend of GBX 0.67 ($0.01) per share. This represents a dividend yield of 1.65%. This is a boost from Speedy Hire Plc's previous dividend of $0.33.

Several brokerages recently weighed in on ALD. In other news, insider Rakesh Kapoor sold 58,094 shares of the stock in a transaction dated Friday, May 5th. Finally, Bollard Group LLC raised its stake in shares of BT Group PLC by 1.4% in the first quarter.

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