Insider Buying: Pinewood Technologies Group (LON:PINE) Insider Purchases £19,536 in Stock

Pinewood Technologies Group PLC (LON:PINE) insider Brian Small purchased 6,600 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was purchased at an average cost of GBX 296 per share, with a total value of £19,536.

Pinewood Technologies Group Trading Up 2.0%

Shares of LON:PINE opened at GBX 313.25 on Friday. The firm has a market capitalization of £358.61 million, a PE ratio of 5.02 and a beta of 0.56. Pinewood Technologies Group PLC has a 1-year low of GBX 284.50 and a 1-year high of GBX 575. The business’s 50 day moving average is GBX 376.71 and its 200-day moving average is GBX 413.93.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price target on shares of Pinewood Technologies Group from GBX 700 to GBX 725 and gave the company a “buy” rating in a report on Thursday, November 6th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Pinewood Technologies Group presently has a consensus rating of “Buy” and a consensus price target of GBX 725.

About Pinewood Technologies Group

Pendragon PLC is one of the UK’s leading automotive retailers with over 120 locations selling new and used vehicles alongside expert aftercare services.

Operating in the UK under the brands of Evans Halshaw, Stratstone and CarStore the Group also has additional businesses including Pinewood for dealership management systems, Pendragon Vehicle Management for fleet and leasing and Quickco for wholesale vehicle parts.

Please visit www.pendragonplc.com where Pendragon discloses additional information about the company, its business and its results of operations.