Ab Dynamics (LON:ABDP) Given Buy Rating at Peel Hunt

Peel Hunt reissued their buy rating on shares of Ab Dynamics (LON:ABDP) in a report published on Monday, ThisIsMoney.Co.Uk reports.

Separately, Liberum Capital reduced their price target on Ab Dynamics from GBX 2,800 ($36.83) to GBX 2,700 ($35.52) and set a buy rating on the stock in a report on Thursday, March 19th.

Shares of ABDP opened at GBX 1,096 ($14.42) on Monday. The stock has a market cap of $246.77 million and a PE ratio of 26.03. Ab Dynamics has a 12-month low of GBX 600 ($7.89) and a 12-month high of GBX 2,850 ($37.49). The business has a 50-day simple moving average of GBX 1,673.77 and a two-hundred day simple moving average of GBX 2,149.36.

In other news, insider James Routh acquired 2,213 shares of the stock in a transaction dated Thursday, March 19th. The stock was bought at an average price of GBX 902 ($11.87) per share, with a total value of £19,961.26 ($26,257.91).

Ab Dynamics Company Profile

AB Dynamics Plc, through its subsidiaries, designs and manufactures test equipment for vehicle suspension, steering, noise, and vibration in the United Kingdom, rest of Europe, the United States, and internationally. The company also provides a range of services, which include analysis, design, prototype manufacture, testing, and development.

Further Reading: Quiet Period Expirations Explained

Receive News & Ratings for Ab Dynamics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ab Dynamics and related companies with MarketBeat.com's FREE daily email newsletter.