Bernstein Remains a Hold on Aston Martin Lagonda Global Holdings plc (AML)

On October 9, Bernstein analyst Neil Beveridge kept a Hold rating on Aston Martin Lagonda Global Holdings plc and set a price target of p50.00. The stock closed last Friday at p41.00. TipRanks data show Beveridge has an average return of -0.1% and a 42.75% success rate, and he covers the Energy sector, including companies such as INPEX, Santos Limited, and Woodside Energy Group. Street sentiment remains cautious: the consensus Hold rating is backed by an average price target of p45.17. For the quarter ended June 30, Aston Martin reported revenue of p358.2 million and a GAAP net loss of p90.3 million. In the prior year period, revenue was p220.5 million with a GAAP net loss of p68.8 million.