Headlam Group plc’s (HEAD) Buy Rating Reaffirmed at Arden Partners Ltd
Headlam Group plc (LON:HEAD)‘s stock had its “buy” rating restated by equities research analysts at Arden Partners Ltd in a report issued on Thursday.
Separately, Peel Hunt upped their price objective on shares of Headlam Group plc from GBX 450 ($5.58) to GBX 475 ($5.89) and gave the stock a “hold” rating in a research report on Thursday.
Headlam Group plc (LON:HEAD) opened at 484.60 on Thursday. The company’s 50-day moving average is GBX 485.17 and its 200 day moving average is GBX 469.83. Headlam Group plc has a 1-year low of GBX 408.00 and a 1-year high of GBX 525.00. The company’s market cap is GBX 407.22 million.
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In related news, insider Wilson,S G bought 50,000 shares of the company’s stock in a transaction dated Thursday, September 15th. The stock was purchased at an average price of GBX 447 ($5.55) per share, with a total value of £223,500 ($277,260.89).
Headlam Group plc Company Profile
Headlam Group Plc is a United Kingdom-based company, which is engaged in the marketing, supply and distribution of a range of floorcovering products. The Company’s operations are focused on providing customers, principally independent floorcovering retailers and contractors, with a range of floorcovering products supported by a next day delivery service.
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