Lords Group Trading (LON:LORD) Trading Up 0.6% – What’s Next?

Lords Group Trading plc (LON:LORD)’s share price was up 0.6% during trading on Friday . The company traded as high as GBX 13.49 and last traded at GBX 13.46. 194,445 shares were traded during trading, a decline of 13% from the average session volume of 222,674 shares. The stock had previously closed at GBX 13.38.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on LORD. Berenberg Bank dropped their target price on Lords Group Trading from GBX 65 to GBX 50 and set a “buy” rating for the company in a research report on Thursday, July 30th. Stifel Nicolaus reissued a “hold” rating and set a GBX 19 price target on shares of Lords Group Trading in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 34.50.

Lords Group Trading Trading Up 0.6%

The company’s 50 day simple moving average is GBX 14.84 and its 200 day simple moving average is GBX 17.79. The firm has a market cap of £22.38 million, a price-to-earnings ratio of -5.02 and a beta of 1.27. The company has a debt-to-equity ratio of 245.10, a current ratio of 1.18 and a quick ratio of 0.77.

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.