Jefferies Financial Group Reiterates Buy Rating for Pinewood Technologies Group (LON:PINE)

Pinewood Technologies Group (LON:PINE – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research note issued on Friday,Digital Look reports. They presently have a GBX 500 price target on the stock. Jefferies Financial Group’s price target points to a potential upside of 87.99% from the company’s current price.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 670 price target on shares of Pinewood Technologies Group in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Pinewood Technologies Group has a consensus rating of “Buy” and an average price target of GBX 585.

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Pinewood Technologies Group Trading Up 0.9%

Shares of PINE traded up GBX 2.47 during mid-day trading on Friday, hitting GBX 265.97. The company’s stock had a trading volume of 391,230 shares, compared to its average volume of 4,380,898. The firm has a 50-day simple moving average of GBX 255.06 and a 200 day simple moving average of GBX 299.53. The firm has a market capitalization of £306.12 million, a P/E ratio of 5.54 and a beta of 0.57. Pinewood Technologies Group has a 1-year low of GBX 200 and a 1-year high of GBX 575.

Pinewood Technologies Group (LON:PINE – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported GBX 48 earnings per share for the quarter. The firm had revenue of GBX 4,050 million for the quarter. Pinewood Technologies Group had a return on equity of 35.39% and a net margin of 124.20%. As a group, sell-side analysts predict that Pinewood Technologies Group will post 9.8256735 EPS for the current fiscal year.

About Pinewood Technologies Group

(Get Free Report)

1981 – Origins
Pinewood was founded in 1981 after a Renault dealer in London grew frustrated with the lack of suitable systems to run his business. He assembled a small team of developers to build a better solution, marking the birth of Pinewood as a classic early-1980s tech startup.

1980s–1990s – Early Innovation
The team created one of the UK’s first Sales and Dealer Management Systems (DMS), soon partnering with brands like Saab, Lloyds Bowmaker, and a growing dealer group that became Pendragon PLC.

As Pendragon expanded, it acquired Pinewood to develop a multi-brand DMS capable of supporting large-scale dealership operations.

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