Lords Group Trading (LON:LORD) Earns Buy Rating from Berenberg Bank

Lords Group Trading (LON:LORD)‘s stock had its “buy” rating restated by Berenberg Bank in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. They presently have a GBX 40 price target on the stock. Berenberg Bank’s price target points to a potential upside of 222.58% from the stock’s current price.

Lords Group Trading Stock Performance

Shares of LON LORD opened at GBX 12.40 on Wednesday. The company has a current ratio of 0.96, a quick ratio of 0.77 and a debt-to-equity ratio of 298.81. The stock has a 50 day simple moving average of GBX 13.12 and a 200-day simple moving average of GBX 15.95. The company has a market cap of £20.62 million, a PE ratio of -4.63 and a beta of 1.28. Lords Group Trading has a 12-month low of GBX 11.30 and a 12-month high of GBX 35.

Lords Group Trading (LON:LORD) last issued its quarterly earnings data on Wednesday, September 30th. The company reported GBX (0.70) earnings per share (EPS) for the quarter. Lords Group Trading had a negative return on equity of 26.48% and a negative net margin of 2.14%. On average, equities research analysts forecast that Lords Group Trading will post 3.6 EPS for the current year.

About Lords Group Trading

Lords Group Trading is a leading distributor of building, plumbing, heating and DIY goods in the UK. The Group is principally focused on the growing Repairs, Maintenance and Improvement (RMI) market, with approximately 80 per cent. of the Group’s demand focused on this segment of the construction market.
The Group principally sells to local tradesmen, hardware stores, small to medium sized plumbing and heating merchants, construction companies and retails directly to the general public.

The Group seeks to grow through a variety of organic and inorganic strategies, including geographic reach, product expansion, the active expansion of e-commerce platforms and the continued investment in its logistical capability.