Poundland Group PLC Now Covered by Deutsche Bank (PLND)
Equities researchers at Deutsche Bank started coverage on shares of Poundland Group PLC (LON:PLND) in a research report issued on Wednesday. The firm set a “hold” rating and a GBX 330 ($5.64) price target on the stock. Deutsche Bank’s target price points to a potential upside of 2.07% from the company’s current price.
Poundland Group PLC (LON:PLND) traded up 1.03% during mid-day trading on Wednesday, hitting GBX 323.30. The stock had a trading volume of 119,541 shares. Poundland Group PLC has a 52-week low of GBX 284.375 and a 52-week high of GBX 401.50. The stock’s 50-day moving average is GBX 326.0 and its 200-day moving average is GBX 343.. The company’s market cap is £2.368 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas initiated coverage on shares of Poundland Group PLC in a research note on Monday, July 21st. They set an “outperform” rating on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Poundland Group PLC in a research note on Friday, July 4th. They now have a GBX 400 ($6.84) price target on the stock. Finally, analysts at Beaufort Securities reiterated a “hold” rating on shares of Poundland Group PLC in a research note on Friday, July 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. Poundland Group PLC has an average rating of “Hold” and an average target price of GBX 346.40 ($5.92).
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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