Cantor Fitzgerald Europe Reiterates Buy Rating for Lavendon Group (LVD)
Lavendon Group (LON:LVD)‘s stock had its “buy” rating reiterated by equities research analysts at Cantor Fitzgerald Europe in a research note issued to investors on Monday, American Banking News.com reports. They currently have a GBX 255 ($4.19) target price on the stock. Cantor Fitzgerald Europe’s target price indicates a potential upside of 24.39% from the stock’s previous close.
Shares of Lavendon Group (LON:LVD) traded down 1.36% during mid-day trading on Monday, hitting GBX 198.75. The stock had a trading volume of 50,334 shares. 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 182.9 and a 200-day moving average of GBX 179.3. The company’s market cap is £329.9 million.
LVD has been the subject of a number of other recent research reports. Analysts at Panmure Gordon raised their price target on shares of Lavendon Group from GBX 199 ($3.27) to GBX 230 ($3.78) in a research note to investors on Thursday. They now have a “hold” rating 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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