Lords Group Trading’s (LORD) Buy Rating Reaffirmed at Berenberg Bank

Lords Group Trading (LON:LORD)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a report released on Wednesday,Digital Look reports. They presently have a GBX 65 price objective on the stock. Berenberg Bank’s target price indicates a potential upside of 285.30% from the stock’s current price.

Lords Group Trading Stock Down 2.2%

Shares of LON:LORD opened at GBX 16.87 on Wednesday. The company has a quick ratio of 0.77, a current ratio of 1.25 and a debt-to-equity ratio of 222.25. Lords Group Trading has a 52-week low of GBX 16 and a 52-week high of GBX 56. The company has a 50 day moving average of GBX 18.77 and a two-hundred day moving average of GBX 22.41. The company has a market capitalization of £28.04 million, a price-to-earnings ratio of -11.72 and a beta of 1.29.

About Lords Group Trading

Lords Group Trading is a leading distributor of building, plumbing, heating and DIY goods in the UK. The Group is principally focused on the growing Repairs, Maintenance and Improvement (RMI) market, with approximately 80 per cent. of the Group’s demand focused on this segment of the construction market.
The Group principally sells to local tradesmen, hardware stores, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.

The Group seeks to grow through a variety of organic and inorganic strategies, including geographic reach, product expansion, the active expansion of e-commerce platforms and the continued investment in its logistical capability.