CFDs are a leveraged product and can result in losses that exceed deposits. Please ensure you fully understand how CFDs work and what their risks are, and take care to manage your exposure. CFDs are a leveraged product and can result in losses that exceed deposits. Please ensure you fully understand how CFDs work and what their risks are, and take care to manage your exposure.

Aston Martin full-year results: where next for the share price?

The luxury carmaker continues to see its share price struggle, driven lower by profit warnings, sales downgrades and its debt laden balance sheet, with investors growing concerned ahead of its full-year results on Thursday.

Aston Martin Lagonda shares continue to tumble in 2020, with the stock down 32% year-to-date and showing little signs of recovering the losses it has sustained in the near-term.

The luxury carmaker is unlikely to deliver a strong performance in its full-year results, with the stock trading at 365p a share as of 12:15 (GMT) on Tuesday – well below its 2018 IPO price of £19.

In fact, Aston Martin shares continue to underperform the broader market, with the FTSE 250 down 4% year-to-date.

Looking to trade Aston Martin Lagonda and other UK stocks? Open a live or demo account with IG.

Analysts from Citigroup reiterate ‘buy’ rating

Despite the carmaker’s share price hitting a new 52-week low, driven by profit warnings, sales downgrades and its debt laden balance sheet, analysts from Citigroup remain optimistic about the stock.

Earlier this month, the US-based investment bank reiterated its ‘buy’ rating for the stock and held on to its 600p target price following Aston Martin’s £500 million capital raise, which analysts said ‘largely removed’ the risks stemming from its Vantage model.

‘With shares discounting circa 12% cost of equity compared to Ferrari at 6% even after a bigger than expected capital raise, we see a highly favourable risk reward profile,’ Citigroup said in a note.

Based on Aston Martin trading at 365p, analysts from Citigroup believe the stock has a potential upside of 64.4%.

You can go long or short Aston Martin Lagonda with IG using derivatives like CFDs.

Rescue deal saves Aston Martin from collapse

Last month, the luxury carmaker was rescued from the brink of collapse by a £500 million rescue deal led by Canadian billionaire Lawrence Stroll.

The injection of cash helped strengthen the company’s debt laden balance sheet, which threatened to cause the carmaker to go bust for the eighth time in its 107-year history.

Investors are hoping that the deal will help the company get back on track, but its full-year results on Thursday are expected to disappoint, with the carmaker seeing sales slump and costs increase over the last 12 months of trading.

This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.

Act on share opportunities today

Go long or short on thousands of international stocks with CFDs.

  • Get full exposure for a comparatively small deposit
  • Trade on spreads from just 0.1%
  • Get greater order book visibility with direct market access

See opportunity on a stock?

Try a risk-free trade in your demo account, and see whether you’re on to something.

  • Log in to your demo
  • Try a risk-free trade
  • See whether your hunch pays off

See opportunity on a stock?

Don’t miss your chance – upgrade to a live account to take advantage.

  • Trade a huge range of popular stocks
  • Analyse and deal seamlessly on fast, intuitive charts
  • See and react to breaking news in-platform

See opportunity on a stock?

Don’t miss your chance. Log in to take advantage while conditions prevail.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Friday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.