Pinewood Technologies Group’s (PINE) Buy Rating Reaffirmed at Jefferies Financial Group

Pinewood Technologies Group (LON:PINE)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Friday,Digital Look reports. They currently have a GBX 500 target price on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 87.99% from the company’s previous close.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 670 price target on shares of Pinewood Technologies Group in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 585.

Pinewood Technologies Group Price Performance

PINE traded up GBX 2.47 during trading on Friday, hitting GBX 265.97. The company’s stock had a trading volume of 391,230 shares, compared to its average volume of 4,380,898. Pinewood Technologies Group has a twelve month low of GBX 200 and a twelve month high of GBX 575. The stock has a market cap of £306.12 million, a PE ratio of 5.54 and a beta of 0.57. The firm’s 50 day moving average price is GBX 255.06 and its 200-day moving average price is GBX 299.53.

Pinewood Technologies Group (LON:PINE) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported GBX 48 EPS for the quarter. Pinewood Technologies Group had a return on equity of 35.39% and a net margin of 124.20%.The company had revenue of GBX 4,050 million during the quarter. Equities analysts anticipate that Pinewood Technologies Group will post 9.8256735 earnings per share for the current year.

Pinewood Technologies Group Company Profile

1981 – Origins
Pinewood was founded in 1981 after a Renault dealer in London grew frustrated with the lack of suitable systems to run his business. He assembled a small team of developers to build a better solution, marking the birth of Pinewood as a classic early-1980s tech startup.

1980s–1990s – Early Innovation
The team created one of the UK’s first Sales and Dealer Management Systems (DMS), soon partnering with brands like Saab, Lloyds Bowmaker, and a growing dealer group that became Pendragon PLC.

As Pendragon expanded, it acquired Pinewood to develop a multi-brand DMS capable of supporting large-scale dealership operations.