Poundland Group PLC Stock Rating Reaffirmed by Canaccord Genuity (PLND)
Poundland Group PLC (LON:PLND)‘s stock had its “hold” rating reiterated by equities research analysts at Canaccord Genuity in a research note issued to investors on Thursday. They currently have a GBX 360 ($6.13) target price on the stock. Canaccord Genuity’s price target would indicate a potential upside of 9.52% from the stock’s previous close.
Shares of Poundland Group PLC (LON:PLND) opened at 338.90 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 £847.2 million.
A number of other analysts have also recently weighed in on PLND. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Poundland Group PLC in a research note on Thursday. They now have a GBX 377 ($6.42) price target on the stock. Separately, 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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