Low & Bonar plc (LWB) Stock Rating Reaffirmed by Peel Hunt
Low & Bonar plc (LON:LWB)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research report issued on Thursday. They currently have a GBX 110 ($1.48) target price on the stock. Peel Hunt’s price target would suggest a potential upside of 39.24% from the company’s previous close.
A number of other brokerages also recently issued reports on LWB. N+1 Singer downgraded Low & Bonar plc to a “hold” rating in a research report on Tuesday, July 11th. Berenberg Bank reiterated a “buy” rating on shares of Low & Bonar plc in a research report on Wednesday, September 6th.
Low & Bonar plc (LON:LWB) opened at 79.00 on Thursday. The stock’s market capitalization is GBX 260.16 million. Low & Bonar plc has a 12-month low of GBX 60.00 and a 12-month high of GBX 91.00. The company has a 50-day moving average price of GBX 81.77 and a 200-day moving average price of GBX 81.44.
About Low & Bonar plc
Low & Bonar PLC is a United Kingdom-based company engaged in international manufacturing and supply of performance materials. The Company’s segments include Building & Industrial, Civil Engineering, Coated Technical Textiles, and Interiors & Transportation. The Building & Industrial global business unit (GBU) supplies a range of technical textile solutions for applications in the building, roofing, air and water filtration and agricultural markets.
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