Credit Suisse Reiterates Outperform Rating for Poundland Group PLC (PLND)
Poundland Group PLC (LON:PLND)‘s stock had its “outperform” rating reaffirmed by analysts at Credit Suisse in a research report issued to clients and investors on Friday. They currently have a GBX 400 ($6.81) price objective on the stock. Credit Suisse’s price objective indicates a potential upside of 16.99% from the stock’s previous close.
Shares of Poundland Group PLC (LON:PLND) opened at 345.145 on Friday. Poundland Group PLC has a 52-week low of GBX 284.375 and a 52-week high of GBX 401.25. The stock has a 50-day moving average of GBX 324.6 and a 200-day moving average of GBX 347.0. The company’s market cap is £862.9 million.
A number of other analysts have also recently weighed in on PLND. Analysts at Beaufort Securities reiterated a “hold” rating on shares of Poundland Group PLC in a research note on Friday. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Poundland Group PLC in a research note on Thursday. They now have a GBX 360 ($6.13) price target on the stock. Finally, 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. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of GBX 384.25 ($6.54).
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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