Shares of Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $0.5130, but opened at $0.4707. Aston Martin Lagonda Global shares last traded at $0.4940, with a volume of 66,293 shares.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on ARGGY. Sanford C. Bernstein lowered shares of Aston Martin Lagonda Global from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Thursday, May 14th. Finally, Citigroup reiterated a “neutral” rating on shares of Aston Martin Lagonda Global in a report on Friday, May 15th. Six investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.
Read Our Latest Stock Report on ARGGY
Aston Martin Lagonda Global Stock Down 3.7%
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.
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