Berenberg Bank reissued their buy rating on shares of Pendragon PLC (LON:PDG) in a report released on Thursday morning. The brokerage currently has a GBX 46 ($0.59) price objective on the stock.

A number of other research firms also recently issued reports on PDG. Numis Securities Ltd restated a hold rating and set a GBX 37 ($0.48) price target on shares of Pendragon PLC in a research note on Tuesday, February 21st. Liberum Capital reaffirmed a buy rating and set a GBX 43 ($0.56) price objective on shares of Pendragon PLC in a research report on Tuesday, February 14th. Canaccord Genuity reaffirmed a buy rating and set a GBX 35 ($0.45) price objective on shares of Pendragon PLC in a research report on Tuesday, February 14th. Finally, Jefferies Group LLC reaffirmed a buy rating and set a GBX 55 ($0.71) price objective on shares of Pendragon PLC in a research report on Friday, May 5th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of Buy and an average price target of GBX 45.33 ($0.59).

Pendragon PLC (LON:PDG) remained flat at GBX 35.00 during midday trading on Thursday. 3,060,526 shares of the stock were exchanged. Pendragon PLC has a one year low of GBX 25.10 and a one year high of GBX 42.47. The company’s market capitalization is GBX 500.29 million. The company has a 50 day moving average price of GBX 34.24 and a 200 day moving average price of GBX 33.21.

COPYRIGHT VIOLATION NOTICE: “Pendragon PLC (PDG) Receives “Buy” Rating from Berenberg Bank” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this news story on another site, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this news story can be viewed at https://www.watchlistnews.com/pendragon-plc-pdg-receives-buy-rating-from-berenberg-bank/1290448.html.

In other news, insider Tim Holden sold 541,854 shares of Pendragon PLC stock in a transaction dated Monday, March 20th. The stock was sold at an average price of GBX 34 ($0.44), for a total transaction of £184,230.36 ($237,808.65).

Pendragon PLC Company Profile

Receive News & Ratings for Pendragon PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pendragon PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.