Pendragon PLC (LON:PDG)‘s stock had its “hold” rating restated by research analysts at Numis Securities Ltd in a research note issued on Tuesday. They currently have a GBX 25 ($0.33) price target on the stock. Numis Securities Ltd’s price target indicates a potential upside of 5.26% from the company’s current price.

A number of other analysts have also recently weighed in on the stock. Liberum Capital cut shares of Pendragon PLC to a “hold” rating and decreased their price target for the stock from GBX 43 ($0.57) to GBX 26 ($0.34) in a research note on Tuesday. Canaccord Genuity reiterated a “hold” rating and set a GBX 36 ($0.48) price target on shares of Pendragon PLC in a research note on Tuesday, August 1st. Finally, Jefferies Group LLC reiterated a “buy” rating and set a GBX 55 ($0.73) price target on shares of Pendragon PLC in a research note on Friday, July 28th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 37.60 ($0.50).

Pendragon PLC (PDG) opened at 22.19999 on Tuesday. The company’s 50-day moving average is GBX 30.89 and its 200-day moving average is GBX 32.32. The firm’s market capitalization is GBX 315.62 million. Pendragon PLC has a 52-week low of GBX 20.69 and a 52-week high of GBX 39.25.

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In other news, insider Chris Chambers bought 500,000 shares of Pendragon PLC stock in a transaction dated Wednesday, August 2nd. The stock was bought at an average price of GBX 30 ($0.40) per share, for a total transaction of £150,000 ($197,941.41).

About Pendragon PLC

Analyst Recommendations for Pendragon PLC (LON:PDG)

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