Poundland Group PLC Given Consensus Recommendation of “Hold” by Analysts (LON:PLND)
Shares of Poundland Group PLC (LON:PLND) have earned an average rating of “Hold” from the eight analysts that are currently covering the stock, Analyst Ratings Net reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 361.71 ($6.00).
PLND has been the subject of a number of recent research reports. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Poundland Group PLC in a research note on Friday. They now have a GBX 400 ($6.64) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Poundland Group PLC in a research note on Monday, July 28th. They now have a GBX 400 ($6.64) price target on the stock. Finally, 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 ($4.31) price target on the stock.
Poundland Group PLC (LON:PLND) traded up 0.32% during mid-day trading on Friday, hitting GBX 317.70. The stock had a trading volume of 32,475 shares. Poundland Group PLC has a 1-year low of GBX 284.375 and a 1-year high of GBX 401.25. The stock’s 50-day moving average is GBX 316.3 and its 200-day moving average is GBX 337.. The company’s market cap is £794.3 million.
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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