Panmure Gordon Reiterates Hold Rating for Lavendon Group plc (LVD)
Lavendon Group plc (LON:LVD)‘s stock had its “hold” rating reiterated by stock analysts at Panmure Gordon in a report issued on Thursday. They currently have a GBX 230 ($3.95) price objective on the stock. Panmure Gordon’s target price indicates a potential upside of 7.48% from the company’s current price.
Shares of Lavendon Group plc (LON:LVD) traded down 1.17% on Thursday, hitting GBX 211.50. The stock had a trading volume of 728,112 shares. Lavendon Group plc has a 52-week low of GBX 151.00 and a 52-week high of GBX 247.75. The stock’s 50-day moving average is GBX 216.2 and its 200-day moving average is GBX 214.4. The company’s market cap is £355.4 million.
LVD has been the subject of a number of other recent research reports. Analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Lavendon Group plc in a research note on Tuesday, May 27th. They now have a GBX 255 ($4.37) price target on the stock.
Lavendon Group plc is a holding company. The principal activity of the Company is the rental of powered access equipment.
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