Lavendon Group Price Target Raised to GBX 230 at Panmure Gordon (LVD)
Research analysts at Panmure Gordon lifted their target price on shares of Lavendon Group (LON:LVD) from GBX 199 ($3.28) to GBX 230 ($3.79) in a report released on Thursday, AmericanBankingNews.com reports. The firm currently has a “hold” rating on the stock. Panmure Gordon’s target price points to a potential upside of 9.52% from the company’s current price.
Shares of Lavendon Group (LON:LVD) traded down 2.38% during mid-day trading on Thursday, hitting GBX 205.00. 181,034 shares of the company’s stock traded hands. Lavendon Group has a 52-week low of GBX 147.00 and a 52-week high of GBX 218.75. The stock has a 50-day moving average of GBX 181.8 and a 200-day moving average of GBX 179.0. The company’s market cap is £340.3 million.
Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Lavendon Group in a research note to investors on Tuesday, December 3rd. They now have a GBX 190 ($3.13) price target on the stock.
Lavendon Group plc is a holding company. The Company is engaged in the rental of powered access equipment.
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