Lavendon Group plc (LVD) Rating Reiterated by Peel Hunt
Peel Hunt restated their buy rating on shares of Lavendon Group plc (LON:LVD) in a research note issued to investors on Friday morning. Peel Hunt currently has a GBX 275 ($3.59) price objective on the stock.
A number of other research analysts have also recently commented on LVD. Canaccord Genuity cut their target price on Lavendon Group plc from GBX 229 ($2.99) to GBX 165 ($2.15) and set a buy rating on the stock in a research note on Friday, July 15th. Berenberg Bank reiterated a buy rating and issued a GBX 230 ($3.00) price target on shares of Lavendon Group plc in a report on Thursday, September 1st. Five analysts have rated the stock with a buy rating, The company presently has an average rating of Buy and an average price target of GBX 226.50 ($2.96).
Shares of Lavendon Group plc (LON:LVD) opened at 132.00 on Friday. The firm has a 50 day moving average price of GBX 124.29 and a 200-day moving average price of GBX 129.33. Lavendon Group plc has a 12-month low of GBX 102.31 and a 12-month high of GBX 184.55. The company’s market cap is GBX 224.11 million.
The business also recently announced a dividend, which will be paid on Friday, October 7th. Shareholders of record on Thursday, September 8th will be issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend is Thursday, September 8th. This represents a yield of 1.47%.
Lavendon Group plc Company Profile
Lavendon Group plc is a United Kingdom-based company engaged in the rental of powered access equipment. The Company’s segments are the UK, the Middle East, Germany, France, Belgium and Corporate. The Company’s business includes Nationwide Platforms, Rapid, Gardemann, Lavendon France and dk rental. Nationwide Platforms is a powered access provider with a fleet of over 10,350 machines operating from a network of over 30 depots.
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