AB Dynamics (LON:ABDP) Earns “Buy” Rating from Peel Hunt

AB Dynamics (LON:ABDP)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a research note issued on Tuesday, MarketBeat reports. They presently have a GBX 2,400 target price on the stock. Peel Hunt’s price target indicates a potential upside of 86.77% from the stock’s current price.

Separately, Shore Capital restated a “buy” rating and issued a GBX 2,100 price target on shares of AB Dynamics in a report on Tuesday, September 23rd. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, AB Dynamics has an average rating of “Buy” and a consensus target price of GBX 2,302.50.

AB Dynamics Trading Down 1.9%

ABDP opened at GBX 1,285 on Tuesday. The firm’s fifty day moving average is GBX 1,364.05 and its two-hundred day moving average is GBX 1,531.11. The company has a debt-to-equity ratio of 2.47, a quick ratio of 2.10 and a current ratio of 2.06. The firm has a market cap of £293.97 million, a PE ratio of 28.18, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72. AB Dynamics has a twelve month low of GBX 1,210 and a twelve month high of GBX 2,150.

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

About AB Dynamics

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.