Poundland Group PLC Given Consensus Recommendation of “Hold” by Analysts (LON:PLND)
Shares of Poundland Group PLC (LON:PLND) have received a consensus rating of “Hold” from the eight brokerages that are currently covering the company, StockRatingsNetwork.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 355.33 ($6.03).
Poundland Group PLC (LON:PLND) opened at 320.607 on Monday. 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 322.0 and a 200-day moving average of GBX 342.9. The company’s market cap is £2.348 billion.
PLND has been the subject of a number of recent research reports. 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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