Poundland Group PLC Given Outperform Rating at Deutsche Bank (PLND)
Poundland Group PLC (LON:PLND)‘s stock had its “outperform” rating restated by equities research analysts at Deutsche Bank in a research note issued to investors on Friday. They currently have a GBX 400 ($6.81) target price on the stock. Deutsche Bank’s target price suggests a potential upside of 16.99% from the company’s current price.
Shares of Poundland Group PLC (LON:PLND) opened at 346.00 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’s 50-day moving average is GBX 324.6 and its 200-day moving average is GBX 347.0. The company’s market cap is £865.0 million.
A number of other analysts have also recently weighed in on PLND. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Poundland Group PLC in a research note on Friday. They now have a GBX 400 ($6.81) price target on the stock. Separately, analysts at Beaufort Securities reiterated a “hold” rating on shares of Poundland Group PLC in a research note on Friday. Finally, 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. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average 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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