Poundland Group PLC Given “Overweight” Rating at JPMorgan Chase & Co. (PLND)
Poundland Group PLC (LON:PLND)‘s stock had its “overweight” rating restated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Thursday. They currently have a GBX 377 ($6.42) price objective on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 14.69% from the stock’s previous close.
Poundland Group PLC (LON:PLND) opened at 340.30 on Thursday. Poundland Group PLC has a 52-week low of GBX 284.375 and a 52-week high of GBX 401.25. The stock’s 50-day moving average is GBX 324.1 and its 200-day moving average is GBX 347.1. The company’s market cap is £850.8 million.
A number of other firms have also recently commented on PLND. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Poundland Group PLC in a research note on Wednesday, June 11th. They now have a GBX 400 ($6.81) price target on the stock.
Poundland Group plc is a United Kingdom-based company. The Company operates a network of over 500 stores across the United Kingdom and Ireland.
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