Lords Group Trading (LON:LORD) Given New GBX 80 Price Target at Berenberg Bank

Lords Group Trading (LON:LORD - Get Free Report) had its price objective cut by research analysts at Berenberg Bank from GBX 90 ($1.12) to GBX 80 ($0.99) in a research note issued on Tuesday, Marketbeat reports. The firm presently has a "buy" rating on the stock. Berenberg Bank's price objective points to a potential upside of 142.42% from the company's previous close.

Lords Group Trading Stock Performance

LON LORD traded up GBX 0.50 ($0.01) on Tuesday, hitting GBX 33 ($0.41). 34,082 shares of the stock traded hands, compared to its average volume of 103,906. The company has a debt-to-equity ratio of 190.06, a quick ratio of 0.77 and a current ratio of 1.31. The business's fifty day moving average is GBX 34.29 and its two-hundred day moving average is GBX 38.07. 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 firm has a market capitalization of £54.74 million, a price-to-earnings ratio of -3,300.00 and a beta of 1.18.

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.