Poundland Group PLC (LON:PLND) Receives GBX 216 Average PT from Brokerages
Shares of Poundland Group PLC (LON:PLND) have been assigned a consensus rating of “Hold” from the sixteen ratings firms that are currently covering the company. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 216 ($2.82).
A number of research analysts have recently commented on the stock. HSBC reissued a “hold” rating and issued a GBX 222 ($2.90) price objective on shares of Poundland Group PLC in a research report on Wednesday, August 10th. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 227 ($2.96) price objective on shares of Poundland Group PLC in a research report on Thursday, August 18th. Canaccord Genuity reissued a “hold” rating on shares of Poundland Group PLC in a research report on Thursday, August 25th. Morgan Stanley lifted their price objective on shares of Poundland Group PLC from GBX 150 ($1.96) to GBX 220 ($2.87) and gave the company an “equal weight” rating in a research report on Friday, July 15th. Finally, Beaufort Securities reissued a “sell” rating on shares of Poundland Group PLC in a research report on Friday, August 12th.
Poundland Group PLC (LON:PLND) opened at 225.00 on Wednesday. The stock’s 50 day moving average price is GBX 224.80 and its 200 day moving average price is GBX 190.73. Poundland Group PLC has a 12 month low of GBX 129.25 and a 12 month high of GBX 327.90.
About Poundland Group PLC
Poundland Group plc is a United Kingdom-based company, which operates as a general merchandise retailer in Europe. The Company operates a network of over 580 stores across the United Kingdom and Ireland. It sells a range of products across 17 product categories, including household goods, grocery, impulse, and health and beauty.
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