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Home / Stocks and Markets at Lows / AA (AA.L) 05-12-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

AA (AA.L) 05-12-19

AA (AA.L) has dropped from highs of 69p. Will it continue, or could you pick up a bargain?

 

  • Now trading at 42.44p (at time of writing). A return to period highs would mean a rise of 62%.
  • This shares are amongst the most significant fallers in the period.
  • Markets constantly over-react to adverse news. Traders should consider whether the fall is reasonable, or is this another over-reaction?
  • Bargain hunters should be mindful of the underlying fundamentals.
  • Shares -56% from 12-month highs; +2% from 12 month lows.

Latest News

 

26 Sep:  AA has entered into an agreement with Uber to provide roadside and Service Maintenance and Repair to Uber drivers in 40 UK cities.

 

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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