Jefferies Financial Group Cuts AB Dynamics (LON:ABDP) Price Target to GBX 1,370

AB Dynamics (LON:ABDP) had its price objective decreased by Jefferies Financial Group from GBX 1,620 to GBX 1,370 in a research report report published on Monday, Marketbeat reports. Jefferies Financial Group currently has a hold rating on the stock.

Other equities research analysts have also issued research reports about the company. Berenberg Bank decreased their price target on shares of AB Dynamics from GBX 2,650 to GBX 2,060 and set a “buy” rating on the stock in a research note on Tuesday, November 11th. Peel Hunt reiterated a “buy” rating and issued a GBX 2,400 target price on shares of AB Dynamics in a research report on Tuesday, November 11th. Finally, Shore Capital restated a “buy” rating and set a GBX 2,100 price target on shares of AB Dynamics in a research report on Thursday, January 15th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, AB Dynamics presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,116.

AB Dynamics Price Performance

ABDP stock opened at GBX 1,295 on Monday. The firm has a 50 day simple moving average of GBX 1,292.85 and a two-hundred day simple moving average of GBX 1,353.54. The stock has a market cap of £296.43 million, a PE ratio of 25.15, a P/E/G ratio of 1.74 and a beta of 0.72. AB Dynamics has a one year low of GBX 1,184.86 and a one year high of GBX 1,930. The company has a debt-to-equity ratio of 2.47, a current ratio of 2.06 and a quick ratio of 2.10.

AB Dynamics (LON:ABDP) last posted its quarterly earnings data on Tuesday, November 11th. The company reported GBX 81.30 earnings per share for the quarter. AB Dynamics had a net margin of 13.10% and a return on equity of 10.55%. On average, analysts predict that AB Dynamics will post 68.8259109 EPS for the current fiscal year.

AB Dynamics Company Profile

AB Dynamics plc designs, develops, manufactures, and supplies vehicle test and development systems, and verification products and services for driver assistance systems, autonomous system, and vehicle dynamics. The company offers advanced vehicle testing solutions from physical proving ground automation to large scale virtual testing in simulation; rFpro, a simulation environment for the automotive and motorsport industries; and full-scale track testing services, including ADAS and vehicle dynamics tests, along with applied research, human factors, and simulation.