Lords Group Trading (LON:LORD) Stock Keeps “Buy” Rating at Berenberg Bank

Lords Group Trading (LON:LORD)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a note issued to investors on Wednesday, Marketbeat Ratings reports. They currently have a GBX 40 target price on the stock. Berenberg Bank’s price target would suggest a potential upside of 222.58% from the stock’s previous close.

Lords Group Trading Trading Down 4.6%

LORD stock traded down GBX 0.60 during trading on Wednesday, hitting GBX 12.40. The company had a trading volume of 214,422 shares, compared to its average volume of 213,933. Lords Group Trading has a 52-week low of GBX 11.30 and a 52-week high of GBX 35. The company has a 50 day simple moving average of GBX 13.21 and a 200-day simple moving average of GBX 16.01. The firm has a market capitalization of £20.62 million, a P/E ratio of -4.63 and a beta of 1.28. The company has a quick ratio of 0.77, a current ratio of 1.18 and a debt-to-equity ratio of 245.10.

Lords Group Trading (LON:LORD) last issued its earnings results on Wednesday, September 30th. The company reported GBX (0.70) EPS for the quarter. Lords Group Trading had a negative return on equity of 10.04% and a negative net margin of 0.93%. As a group, research analysts forecast that Lords Group Trading will post 3.6 earnings per share 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.