Lavendon Group plc’s (LVD) “Buy” Rating Reiterated at Panmure Gordon
Lavendon Group plc (LON:LVD)‘s stock had its “buy” rating reaffirmed by analysts at Panmure Gordon in a report issued on Monday. They presently have a GBX 236 ($2.95) target price on the stock. Panmure Gordon’s price objective would suggest a potential upside of 8.88% from the stock’s previous close.
Several other research firms have also commented on LVD. Peel Hunt reissued a “buy” rating and issued a GBX 275 ($3.44) target price on shares of Lavendon Group plc in a report on Monday, October 10th. Berenberg Bank reissued a “buy” rating and issued a GBX 230 ($2.87) target price on shares of Lavendon Group plc in a report on Thursday, September 1st.
Shares of Lavendon Group plc (LON:LVD) opened at 217.06 on Monday. Lavendon Group plc has a 52 week low of GBX 102.31 and a 52 week high of GBX 220.00. The company’s market cap is GBX 368.52 million. The firm has a 50-day moving average of GBX 138.87 and a 200 day moving average of GBX 128.67.
Lavendon Group plc Company Profile
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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