Lords Group Trading (LON:LORD) Stock Price Target Cut by Berenberg Bank

Lords Group Trading (LON:LORD) had its price target cut by equities research analysts at Berenberg Bank from GBX 40 to GBX 20 in a research note issued to investors on Monday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank‘s price objective would indicate a potential upside of 93.61% from the stock’s previous close.

Lords Group Trading Stock Up 14.8%

Shares of LON LORD opened at GBX 10.33 on Monday. Lords Group Trading has a 1 year low of GBX 9 and a 1 year high of GBX 32.90. The firm’s 50 day moving average price is GBX 12.23 and its 200 day moving average price is GBX 16.84. The firm has a market cap of £17.17 million, a P/E ratio of -1.69 and a beta of 1.32. The company has a debt-to-equity ratio of 298.81, a quick ratio of 0.77 and a current ratio of 0.96.

Lords Group Trading (LON:LORD) last released 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%. As a group, sell-side analysts anticipate that Lords Group Trading will post 3.60 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.