AB Dynamics (LON:ABDP) Given Buy Rating at Shore Capital Group

Shore Capital Group reiterated their buy rating on shares of AB Dynamics (LON:ABDP) in a report released on Thursday, MarketBeat Ratings reports.

Separately, Jefferies Financial Group dropped their price objective on shares of AB Dynamics from GBX 1,620 to GBX 1,370 and set a “hold” rating on the stock in a research note on Monday, January 26th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, AB Dynamics currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,116.

AB Dynamics Stock Up 0.8%

Shares of LON ABDP opened at GBX 1,190 on Thursday. The stock has a 50-day moving average price of GBX 1,281.01 and a two-hundred day moving average price of GBX 1,318.60. AB Dynamics has a 12 month low of GBX 1,175 and a 12 month high of GBX 1,930. The company has a current ratio of 2.21, a quick ratio of 2.10 and a debt-to-equity ratio of 2.36. The company has a market cap of £272.39 million, a price-to-earnings ratio of 23.11, a PEG ratio of 1.74 and a beta of 0.26.

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.