Headlam Group plc (LON:HEAD) had its target price increased by equities research analysts at Peel Hunt from GBX 450 ($5.58) to GBX 475 ($5.89) in a report released on Thursday. The firm presently has a “hold” rating on the stock. Peel Hunt’s price objective suggests a potential upside of 0.53% from the stock’s current price.

Shares of Headlam Group plc (LON:HEAD) opened at 472.50 on Thursday. The company’s market capitalization is GBX 397.06 million. The firm’s 50-day moving average price is GBX 485.17 and its 200-day moving average price is GBX 469.83. Headlam Group plc has a 12 month low of GBX 408.00 and a 12 month high of GBX 525.00.

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In related news, insider Wilson,S G purchased 50,000 shares of the business’s stock in a transaction that occurred on Thursday, September 15th. The stock was purchased at an average price of GBX 447 ($5.55) per share, with a total value of £223,500 ($277,260.89).

About Headlam Group plc

Headlam Group Plc is a United Kingdom-based company, which is engaged in the marketing, supply and distribution of a range of floorcovering products. The Company’s operations are focused on providing customers, principally independent floorcovering retailers and contractors, with a range of floorcovering products supported by a next day delivery service.

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