AA (LON:AA) Insider Martin C. Clarke Purchases 106 Shares

AA (LON:AA) insider Martin C. Clarke acquired 106 shares of the stock in a transaction that occurred on Friday, May 11th. The stock was acquired at an average price of GBX 140 ($1.88) per share, with a total value of £148.40 ($199.11).

Shares of AA traded up GBX 2.70 ($0.04), hitting GBX 139.10 ($1.87), during mid-day trading on Tuesday, Marketbeat Ratings reports. 557,918 shares of the stock were exchanged, compared to its average volume of 9,520,000. AA has a 12-month low of GBX 69.92 ($0.94) and a 12-month high of GBX 274.20 ($3.68).

The company also recently disclosed a dividend, which will be paid on Tuesday, June 12th. Shareholders of record on Thursday, May 3rd will be issued a dividend of GBX 1.40 ($0.02) per share. This represents a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, May 3rd.

AA has been the topic of a number of research reports. Berenberg Bank restated a “sell” rating and set a GBX 65 ($0.87) price target on shares of AA in a research note on Monday, April 23rd. Credit Suisse Group reduced their price objective on AA from GBX 140 ($1.88) to GBX 125 ($1.68) and set an “underperform” rating on the stock in a research note on Friday, February 9th. Liberum Capital reiterated a “buy” rating and issued a GBX 250 ($3.35) price objective on shares of AA in a research note on Thursday, February 8th. Jefferies Group reduced their price objective on AA from GBX 125 ($1.68) to GBX 58 ($0.78) and set an “underperform” rating on the stock in a research note on Thursday, February 22nd. Finally, Barclays cut their price target on AA from GBX 200 ($2.68) to GBX 130 ($1.74) and set an “overweight” rating on the stock in a research note on Monday, March 19th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 143 ($1.92).

AA Company Profile

AA plc provides roadside assistance, insurance, and driving services in the United Kingdom. It operates through Roadside Assistance, Insurance Services, Driving Services, and Insurance Underwriting segments. The company's roadside assistance services include breakdowns cover for cars, motorbikes, caravans, and vans; and additional services, such as vehicle inspections, tires, and connected car and publishing services.

Insider Buying and Selling by Quarter for AA (LON:AA)

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