Berenberg Bank Has Lowered Expectations for Lords Group Trading (LON:LORD) Stock Price

Lords Group Trading (LON:LORDGet Free Report) had its price target reduced by research analysts at Berenberg Bank from GBX 90 ($1.12) to GBX 80 ($1.00) in a note issued to investors on Tuesday, Marketbeat.com reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 152.64% from the company’s previous close.

Lords Group Trading Trading Up 2.5 %

LON LORD opened at GBX 31.67 ($0.39) on Tuesday. The company has a market capitalization of £52.53 million, a PE ratio of -3,166.60 and a beta of 1.18. Lords Group Trading has a 12 month low of GBX 28 ($0.35) and a 12 month high of GBX 56.50 ($0.70). The stock has a 50-day simple moving average of GBX 34.35 and a 200 day simple moving average of GBX 38.10. The company has a current ratio of 1.31, a quick ratio of 0.77 and a debt-to-equity ratio of 190.06.

Lords Group Trading Company Profile

(Get Free Report)

Lords Group Trading is a leading distributor of building, plumbing, heating and DIY goods in the UK. The Group is principally focused on the growing Repairs, Maintenance and Improvement (RMI) market, with approximately 80 per cent. of the Group’s demand focused on this segment of the construction market.
The Group principally sells to local tradesmen, hardware stores, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.

The Group seeks to grow through a variety of organic and inorganic strategies, including geographic reach, product expansion, the active expansion of e-commerce platforms and the continued investment in its logistical capability.

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