Lords Group Trading (LON:LORD) Given New GBX 20 Price Target at Berenberg Bank

Lords Group Trading (LON:LORD) had its price target cut by research analysts at Berenberg Bank from GBX 40 to GBX 20 in a research report issued to clients and investors on Monday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank‘s price target would suggest a potential upside of 93.61% from the company’s previous close.

Lords Group Trading Trading Up 14.8%

Shares of LORD stock opened at GBX 10.33 on Monday. The firm’s 50-day simple moving average is GBX 12.23 and its 200-day simple moving average is GBX 16.84. The company has a debt-to-equity ratio of 298.81, a current ratio of 0.96 and a quick ratio of 0.77. Lords Group Trading has a 1-year low of GBX 9 and a 1-year high of GBX 32.90. The firm has a market cap of £17.17 million, a P/E ratio of -1.69 and a beta of 1.32.

Lords Group Trading (LON:LORD) last released its earnings results on Wednesday, September 30th. The company reported GBX (0.70) earnings per share (EPS) for the quarter. Lords Group Trading had a negative net margin of 2.14% and a negative return on equity of 26.48%. As a group, equities analysts forecast that Lords Group Trading will post 3.60 EPS for the current year.

Lords Group Trading Company Profile

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.