Low & Bonar plc (LWB) PT Raised to GBX 90
Low & Bonar plc (LON:LWB) had its price target lifted by research analysts at Peel Hunt from GBX 85 ($1.11) to GBX 90 ($1.17) in a report issued on Thursday. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s target price points to a potential upside of 44.00% from the company’s previous close.
Shares of Low & Bonar plc (LON:LWB) opened at 61.00 on Thursday. The firm has a 50-day moving average of GBX 62.20 and a 200 day moving average of GBX 60.98. Low & Bonar plc has a 1-year low of GBX 53.50 and a 1-year high of GBX 70.00. The company’s market capitalization is GBX 200.66 million.
The business also recently declared a dividend, which will be paid on Thursday, September 22nd. Stockholders of record on Thursday, August 25th will be issued a GBX 1 ($0.01) dividend. This represents a dividend yield of 1.63%. The ex-dividend date is Thursday, August 25th.
In related news, insider Holt,Mike purchased 36,039 shares of the firm’s stock in a transaction dated Thursday, July 21st. The shares were purchased at an average price of GBX 43 ($0.56) per share, with a total value of £15,496.77 ($20,228.13). Also, insider Simpson ,Brett purchased 100,000 shares of the firm’s stock in a transaction dated Monday, September 5th. The stock was bought at an average cost of GBX 62 ($0.81) per share, for a total transaction of £62,000 ($80,929.38).
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