Lords Group Trading (LON:LORD – Get Free Report) had its price objective dropped by stock analysts at Berenberg Bank from GBX 65 to GBX 50 in a report issued on Thursday,Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price target points to a potential upside of 284.91% from the company’s current price.
Separately, Stifel Nicolaus restated a “hold” rating and set a GBX 19 price objective on shares of Lords Group Trading in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 34.50.
Read Our Latest Stock Report on Lords Group Trading
Lords Group Trading Trading Down 22.1%
Lords Group Trading (LON:LORD – Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The company reported GBX (3.82) earnings per share (EPS) for the quarter. The company had revenue of £472.80 million during the quarter. Lords Group Trading had a negative return on equity of 10.04% and a negative net margin of 0.93%. As a group, equities analysts forecast that Lords Group Trading will post 3.6 EPS for the current fiscal year.
About Lords Group Trading
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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