Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Given Consensus Recommendation of “Hold” by Brokerages

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) has received an average rating of “Hold” from the six brokerages that are presently covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating.

Several brokerages have issued reports on ARGGY. Sanford C. Bernstein downgraded shares of Aston Martin Lagonda Global from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Monday, February 23rd. HSBC reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Tuesday, January 13th. Finally, The Goldman Sachs Group initiated coverage on Aston Martin Lagonda Global in a research note on Sunday, November 23rd. They issued a “hold” rating for the company.

Aston Martin Lagonda Global Price Performance

Shares of ARGGY stock opened at $0.58 on Thursday. Aston Martin Lagonda Global has a 52 week low of $0.54 and a 52 week high of $1.22. The company has a 50-day simple moving average of $0.77 and a 200 day simple moving average of $0.84.

Aston Martin Lagonda Global Company Profile

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.