Lords Group Trading (LON:LORD) Stock Rating Reaffirmed as Buy by Berenberg Bank

Lords Group Trading (LON:LORD)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a note issued to investors on Wednesday, MarketBeat.com reports. They presently have a GBX 40 price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 231.95% from the stock’s current price.

Lords Group Trading Price Performance

LON LORD traded down GBX 0.35 during trading hours on Wednesday, reaching GBX 12.05. The company’s stock had a trading volume of 427,880 shares, compared to its average volume of 215,059. Lords Group Trading has a 1 year low of GBX 11.30 and a 1 year high of GBX 35. 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 market capitalization of £20.03 million, a price-to-earnings ratio of -4.50 and a beta of 1.28. The firm’s 50-day moving average price is GBX 13.12 and its 200-day moving average price is GBX 15.95.

Lords Group Trading (LON:LORD) last announced its quarterly earnings data 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%. On average, equities research analysts predict that Lords Group Trading will post 3.6 EPS for the current fiscal 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.