Poundland Group PLC Given Consensus Rating of “Hold” by Brokerages (LON:PLND)
Poundland Group PLC (LON:PLND) has received a consensus rating of “Hold” from the eight ratings firms that are presently covering the company, Analyst Ratings News reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 355.33 ($6.03).
Poundland Group PLC (LON:PLND) traded down 0.25% during mid-day trading on Monday, hitting GBX 322.50. 50,467 shares of the company’s stock traded hands. 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 326.0 and a 200-day moving average of GBX 343.. The company’s market cap is £2.362 billion.
A number of research firms have recently commented on PLND. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Poundland Group PLC in a research note on Monday. They now have a GBX 400 ($6.79) price target on the stock. Separately, analysts at Jefferies Group initiated coverage on shares of Poundland Group PLC in a research note on Wednesday, July 23rd. They set an “underperform” rating and a GBX 260 ($4.42) price target on the stock. Finally, analysts at Deutsche Bank initiated coverage on shares of Poundland Group PLC in a research note on Wednesday, July 23rd. They set a “hold” rating and a GBX 330 ($5.60) 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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