Lavendon Group Receives Buy Rating from Cantor Fitzgerald Europe (LVD)
Lavendon Group (LON:LVD)‘s stock had its “buy” rating reiterated by stock analysts at Cantor Fitzgerald Europe in a report issued on Monday, Analyst Ratings Network.com reports. They currently have a GBX 255 ($4.19) price target on the stock. Cantor Fitzgerald Europe’s target price would suggest a potential upside of 24.39% from the stock’s previous close.
Shares of Lavendon Group (LON:LVD) traded up 0.12% during mid-day trading on Monday, hitting GBX 201.75. 4,151 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’s 50-day moving average is GBX 182.9 and its 200-day moving average is GBX 179.3. The company’s market cap is £334.9 million.
A number of other firms have also recently commented on LVD. 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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