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

Lords Group Trading (LON:LORD)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research note issued to investors on Wednesday, MarketBeat Ratings reports. They presently have a GBX 40 price objective on the stock. Berenberg Bank’s price target points to a potential upside of 231.95% from the company’s previous close.

Lords Group Trading Stock Performance

Shares of LORD stock opened at GBX 12.05 on Wednesday. The company has a quick ratio of 0.77, a current ratio of 0.96 and a debt-to-equity ratio of 298.81. The company has a 50 day moving average price of GBX 13.03 and a 200-day moving average price of GBX 15.93. Lords Group Trading has a 52 week low of GBX 11.30 and a 52 week high of GBX 35. The firm has a market capitalization of £20.03 million, a PE ratio of -4.50 and a beta of 1.28.

Lords Group Trading (LON:LORD) last issued its quarterly earnings data on Wednesday, September 30th. The company reported GBX (0.70) earnings per share 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 research analysts expect that Lords Group Trading will post 3.6 earnings per share 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.