Lavendon Group plc (LVD) Rating Reiterated by Peel Hunt
Lavendon Group plc (LON:LVD)‘s stock had its “buy” rating reissued by equities researchers at Peel Hunt in a research report issued to clients and investors on Tuesday. They presently have a GBX 275 ($3.44) price target on the stock. Peel Hunt’s target price indicates a potential upside of 99.28% from the company’s previous close.
Separately, Berenberg Bank restated a “buy” rating and issued a GBX 230 ($2.87) price objective on shares of Lavendon Group plc in a report on Thursday, September 1st. Five analysts have rated the stock with a buy rating, Lavendon Group plc has a consensus rating of “Buy” and an average target price of GBX 226.50 ($2.83).
Shares of Lavendon Group plc (LON:LVD) opened at 141.6099 on Tuesday. The company has a 50 day moving average of GBX 131.24 and a 200 day moving average of GBX 126.73. Lavendon Group plc has a 1-year low of GBX 102.31 and a 1-year high of GBX 184.55. The firm’s market cap is GBX 240.42 million.
About Lavendon Group plc
Lavendon Group plc is a United Kingdom-based company engaged in the rental of powered access equipment. The Company’s segments are the UK, the Middle East, Germany, France, Belgium and Corporate. The Company’s business includes Nationwide Platforms, Rapid, Gardemann, Lavendon France and dk rental. Nationwide Platforms is a powered access provider with a fleet of over 10,350 machines operating from a network of over 30 depots.
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