Lavendon Group plc (LVD) Stock Rating Reaffirmed by Panmure Gordon
Lavendon Group plc (LON:LVD)‘s stock had its “buy” rating reiterated by investment analysts at Panmure Gordon in a research report issued on Monday. They currently have a GBX 236 ($2.93) price objective on the stock. Panmure Gordon’s target price indicates a potential upside of 7.27% from the stock’s current price.
A number of other brokerages have also recently commented on LVD. Peel Hunt reaffirmed a “buy” rating and issued a GBX 275 ($3.41) price target on shares of Lavendon Group plc in a research note on Monday, October 10th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 230 ($2.85) price target on shares of Lavendon Group plc in a research note on Thursday, September 1st.
Shares of Lavendon Group plc (LON:LVD) opened at 220.00 on Monday. The firm’s 50-day moving average is GBX 141.64 and its 200-day moving average is GBX 129.06. The firm’s market cap is GBX 373.51 million. Lavendon Group plc has a 52-week low of GBX 102.31 and a 52-week high of GBX 222.00.
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Lavendon Group plc Company Profile
Lavendon Group plc is a United Kingdom-based company engaged in the rental of powered access equipment. The Company’s segments are the UK, the Middle East, Germany, France, Belgium and Corporate. The Company’s business includes Nationwide Platforms, Rapid, Gardemann, Lavendon France and dk rental. Nationwide Platforms is a powered access provider with a fleet of over 10,350 machines operating from a network of over 30 depots.
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