The Lavendon Group plc (LVD) Given “Buy” Rating at Peel Hunt

The Lavendon Group plc (LVD) Given “Buy” Rating at Peel Hunt

Lavendon Group plc (LON:LVD)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a research report issued to clients and investors on Monday. They currently have a GBX 275 ($3.59) price target on the stock. Peel Hunt’s price objective would indicate a potential upside of 104.84% from the company’s previous close.

Several other research analysts have also issued reports on LVD. Canaccord Genuity lowered their target price on Lavendon Group plc from GBX 229 ($2.99) to GBX 165 ($2.15) and set a “buy” rating for the company in a research report on Friday, July 15th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 230 ($3.00) target price on shares of Lavendon Group plc in a research report on Thursday, September 1st. Five investment analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and a consensus price target of GBX 226.50 ($2.96).

Shares of Lavendon Group plc (LON:LVD) opened at 132.50 on Monday. The company’s market capitalization is GBX 224.96 million. Lavendon Group plc has a one year low of GBX 102.31 and a one year high of GBX 184.55. The stock has a 50 day moving average price of GBX 131.26 and a 200-day moving average price of GBX 128.54.

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The firm also recently declared a dividend, which was paid on Friday, October 7th. Shareholders of record on Thursday, September 8th were issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend was Thursday, September 8th. This represents a yield of 1.47%.

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