Lavendon Group plc Research Coverage Started at Liberum Capital (LVD)
Stock analysts at Liberum Capital started coverage on shares of Lavendon Group plc (LON:LVD) in a report issued on Tuesday. The firm set a “hold” rating and a GBX 225 ($3.73) price target on the stock. Liberum Capital’s price objective would suggest a potential upside of 14.36% from the company’s current price.
Shares of Lavendon Group plc (LON:LVD) traded down 1.89% during mid-day trading on Tuesday, hitting GBX 194.75. 41,772 shares of the company’s stock traded hands. Lavendon Group plc has a 52-week low of GBX 165.00 and a 52-week high of GBX 247.75. The stock has a 50-day moving average of GBX 207.7 and a 200-day moving average of GBX 219.1. The company’s market cap is £327.7 million.
The company also recently announced a dividend, which is scheduled for Friday, October 10th. Investors of record on Wednesday, September 10th will be paid a dividend of GBX 1.40 ($0.02) per share. This represents a dividend yield of 0.7%. The ex-dividend date is Wednesday, September 10th.
Several other analysts have also recently commented on the stock. Analysts at Peel Hunt reiterated a “buy” rating on shares of Lavendon Group plc in a research note on Friday. They now have a GBX 275 ($4.56) price target on the stock. Analysts at Panmure Gordon reiterated a “hold” rating on shares of Lavendon Group plc in a research note on Thursday, July 10th. They now have a GBX 230 ($3.82) 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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