What’s the most undervalued stock on the FTSE 250? Well, according to analysts, Aston Martin (LSE:AML) is either it or pretty close, trading at a 60% discount to the average share price target.
These share price targets aren’t gospel, and analysts can make mistakes. Nonetheless, this is most definitively a very positive sign for investors looking to snap up a cheap stock and generate some very sizeable returns.
And with the company set to return to profit in 2026, it really could be the bargain of the decade.
An incomplete turnaround
Aston Martin isn’t there yet, but the turnaround is in progress. In 2023, Aston Martin narrowed its losses and saw a 19% increase in revenue, driven by strong demand for its special, limited edition vehicles, and for its SUV — the DBX.
However, on the face of it, Aston appears to have hit a speed bump in 2024. The Gaydon-based company has reported falling revenue and…
