Lords Group Trading’s (LORD) “Buy” Rating Reaffirmed at Berenberg Bank

Lords Group Trading (LON:LORD)‘s stock had its “buy” rating restated by Berenberg Bank in a research note issued on Monday,London Stock Exchange reports. They currently have a GBX 80 price objective on the stock. Berenberg Bank’s target price would suggest a potential upside of 115.34% from the company’s previous close.

Lords Group Trading Trading Down 0.9%

Shares of Lords Group Trading stock traded down GBX 0.35 on Monday, reaching GBX 37.15. 18,536 shares of the company were exchanged, compared to its average volume of 82,148. The stock has a fifty day moving average price of GBX 44.83 and a 200-day moving average price of GBX 36.11. The firm has a market capitalization of £61.75 million, a price-to-earnings ratio of -3,121.85 and a beta of 1.18. The company has a current ratio of 1.31, a quick ratio of 0.77 and a debt-to-equity ratio of 196.86. Lords Group Trading has a fifty-two week low of GBX 23.60 and a fifty-two week high of GBX 56.

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.