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

Berenberg Bank reaffirmed their buy rating on shares of Lords Group Trading (LON:LORD) in a research note published on Wednesday, Marketbeat reports. Berenberg Bank currently has a GBX 40 price objective on the stock.

Lords Group Trading Stock Down 2.8%

Shares of LON:LORD opened at GBX 12.05 on Wednesday. The firm has a market capitalization of £20.03 million, a PE ratio of -4.50 and a beta of 1.28. The business has a 50 day simple moving average of GBX 13.03 and a two-hundred day simple moving average of GBX 15.93. Lords Group Trading has a 1 year low of GBX 11.30 and a 1 year high of GBX 35. 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 (LON:LORD) last issued its quarterly earnings results on Wednesday, September 30th. The company reported GBX (0.70) earnings per share for the quarter. Lords Group Trading had a negative return on equity of 26.48% and a negative net margin of 2.14%. On average, equities analysts predict that Lords Group Trading will post 3.6 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.