|Bid||871.00 x 0|
|Ask||910.00 x 0|
|Day's Range||871.50 - 874.50|
|52 Week Range||346.80 - 905.00|
|Beta (5Y Monthly)||1.15|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 01, 2021|
|Forward Dividend & Yield||0.15 (1.72%)|
|Ex-Dividend Date||Apr 22, 2021|
|1y Target Est||828.33|
Overseas bidders are swooping on U.K. targets at breakneck speed as chief executives look to expand into new markets and boost growth to position themselves for the post-pandemic world. The value of U.K. deals has soared to $29 billion so far this year, already three times the total $8.7 billion for the same period in 2020 and the highest number since 2000, according to data from Refinitiv. “Private equity in particular, with a mountain of capital and high leverage available at low cost, sees U.K. public companies as being an excellent source of targets that can be used as platforms for growth,” he added.
Aggreko said on Friday it was in talks over a 2.25 billion pound ($3.09 billion) buyout proposal for the British equipment rental company from a consortium of TDR Capital LLP and I Squared Capital. The company, which has a contract to supply power equipment for Tokyo 2020 Olympic and Paralympic Games, said TDR and I Squared had made a series of proposals and it was now in talks with them over a possible cash offer of 880 pence per share.
Aggreko PLC (ARGKF) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).