Pinewood Technologies Group (LON:PINE) Insider Acquires £49,997.36 in Stock

Pinewood Technologies Group PLC (LON:PINE) insider Jemima Bird acquired 16,891 shares of the company’s stock in a transaction dated Monday, February 16th. The stock was purchased at an average cost of GBX 296 per share, for a total transaction of £49,997.36.

Pinewood Technologies Group Stock Up 2.0%

Shares of PINE stock opened at GBX 313.25 on Friday. The stock has a market capitalization of £358.61 million, a P/E ratio of 5.02 and a beta of 0.56. Pinewood Technologies Group PLC has a fifty-two week low of GBX 284.50 and a fifty-two week high of GBX 575. The stock has a 50-day simple moving average of GBX 376.71 and a 200 day simple moving average of GBX 413.93.

Analysts Set New Price Targets

Separately, Berenberg Bank lifted their target price on shares of Pinewood Technologies Group from GBX 700 to GBX 725 and gave the company a “buy” rating in a research note on Thursday, November 6th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Pinewood Technologies Group currently has a consensus rating of “Buy” and a consensus price target of GBX 725.

About Pinewood Technologies Group

Pendragon PLC is one of the UK’s leading automotive retailers with over 120 locations selling new and used vehicles alongside expert aftercare services.

Operating in the UK under the brands of Evans Halshaw, Stratstone and CarStore the Group also has additional businesses including Pinewood for dealership management systems, Pendragon Vehicle Management for fleet and leasing and Quickco for wholesale vehicle parts.

Please visit www.pendragonplc.com where Pendragon discloses additional information about the company, its business and its results of operations.