MARKET TALK: Investec Raises Aggreko Price Target

14th Jun 2010 10:22

0922 GMT [Dow Jones] Investec Securities raises Aggreko (AGK.LN) price target to 1550p from 1500p, following an investor visit last week. Says the visit reconfirmed Investec's view that there remains strong earnings growth potential for the foreseeable future. Says on current year valuation grounds, the stock is no longer cheap, but notes its stance has been to take the long view, so keeps at buy. Shares +1.8% at 1440p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires June 14, 2010 05:22 ET (09:22 GMT)