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

Lords Group Trading (LON:LORD)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a report released on Wednesday, Marketbeat Ratings reports. They presently have a GBX 40 target price on the stock. Berenberg Bank’s target price would indicate a potential upside of 231.95% from the stock’s current price.

Lords Group Trading Stock Performance

Shares of LORD opened at GBX 12.05 on Wednesday. The company has a market capitalization of £20.03 million, a PE ratio of -4.50 and a beta of 1.28. 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 has a one year low of GBX 11.30 and a one year high of GBX 35. The company’s fifty day moving average price is GBX 13.03 and its 200 day moving average price is GBX 15.89.

Lords Group Trading (LON:LORD) last released its quarterly earnings results 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%. As a group, analysts expect that Lords Group Trading will post 3.6 earnings per share for the current year.

About Lords Group Trading

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.