Berenberg Bank initiated coverage on shares of The Pebble Group (LON:PEBB) in a report issued on Monday, Digital Look reports. The brokerage issued a buy rating and a GBX 180 ($2.37) price target on the stock.
LON:PEBB opened at GBX 141 ($1.85) on Monday. The Pebble Group has a 12 month low of GBX 118.50 ($1.56) and a 12 month high of GBX 140 ($1.84).
In other The Pebble Group news, insider Yvonne Monaghan bought 15,000 shares of the stock in a transaction on Friday, December 13th. The shares were acquired at an average price of GBX 126 ($1.66) per share, with a total value of £18,900 ($24,861.88).
About The Pebble Group
The Pebble Group Plc provides various products, services, and technology for the promotional products industry in Europe, North America, and Asia. The company operates through two businesses, Brand Addition and Facilisgroup. The Brand Addition business provides various products to global brands. It utilizes the network to source and deliver promotional product solutions to support the marketing efforts of its clients who operate in various sectors, which include health and beauty, fast moving consumer goods, transport, technology, banking and finance, and charity.
Read More: Why do analysts give a neutral rating?
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