Pendragon PLC (PDG) Stock Rating Reaffirmed by Numis Securities Ltd
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.
ILLEGAL ACTIVITY WARNING: “Pendragon PLC (PDG) Stock Rating Reaffirmed by Numis Securities Ltd” was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another domain, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The legal version of this story can be accessed at https://www.americanbankingnews.com/2017/10/24/pendragon-plc-pdg-stock-rating-reaffirmed-by-numis-securities-ltd.html.
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
Receive News & Ratings for Pendragon PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pendragon PLC and related companies with MarketBeat.com's FREE daily email newsletter.