Aston Martin Lagonda Global (LON:AML) Reaches New 1-Year Low – Should You Sell?
by Michael Walen · The Markets DailyAston Martin Lagonda Global Holdings plc (LON:AML – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 35.50 and last traded at GBX 36, with a volume of 31938754 shares traded. The stock had previously closed at GBX 37.30.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on AML shares. Citigroup increased their price objective on shares of Aston Martin Lagonda Global from GBX 45 to GBX 55 and gave the stock a “neutral” rating in a research report on Friday, May 15th. Jefferies Financial Group restated a “hold” rating and issued a GBX 50 target price on shares of Aston Martin Lagonda Global in a report on Wednesday, May 20th. Four research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of GBX 62.
Check Out Our Latest Report on AML
Aston Martin Lagonda Global Stock Performance
The stock has a market capitalization of £372.04 million, a P/E ratio of -0.77, a PEG ratio of 0.03 and a beta of 1.98. The business has a fifty day simple moving average of GBX 42.60 and a 200-day simple moving average of GBX 48.70.
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. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including the Vantage, DB12, Vanquish, DBX and its first mid-engined plug-in hybrid, Valhalla.