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

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

Lords Group Trading Stock Down 2.8%

Shares of LON LORD opened at GBX 12.05 on Wednesday. The company has a current ratio of 0.96, a quick ratio of 0.77 and a debt-to-equity ratio of 298.81. Lords Group Trading has a 12 month low of GBX 11.30 and a 12 month 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. The firm has a fifty day simple moving average of GBX 13.03 and a two-hundred day simple moving average of GBX 15.93.

Lords Group Trading (LON:LORD) last posted 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 26.48% and a negative net margin of 2.14%. Equities 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.